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Carlyle Said to Consider $6 Billion Sale or IPO for Novolex

  • Packaging company could be valued at $6 billion in sale, IPO
  • Carlyle bought Novolex from Wind Point Partners in 2016
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Carlyle Group Inc. is considering options for Novolex Holdings that include selling the packaging company or taking it public, according to people familiar with the matter.

The private equity firm has been interviewing banks for a strategic review of the Hartsville, South Carolina-based company in the first half of 2022, said the people, who asked not to be identified because the information is private.