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NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have completed the acquisition of a majority stake in Novolex Holdings LLC (“Novolex” or the “Company”), a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle (NASDAQ: CG). Carlyle will retain a minority stake in the Company
A Leading Sustainable Packaging Provider Poised for Continued GrowthNEW YORK and HARTSVILLE, S.C., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and Novolex Holdings LLC ("Novolex" or the "Company"), a leading global manufacturer of diverse packaging products for the foodservice, delivery and carryout, food processor and industrial markets, today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have entered into a definitive agreement to acquire the majority of the C
A Leading Sustainable Packaging Provider Poised for Continued GrowthNEW YORK and HARTSVILLE, S.C., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and Novolex Holdings LLC ("Novolex" or the "Company"), a leading global manufacturer of diverse packaging products for the foodservice, delivery and carryout, food processor and industrial markets, today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have entered into a definitive agreement to acquire the majority of the C