Packaging Tape Notice of Enforcement
Released May 2, 2022, from the U.S. Department of Transportation NOTICE OF ENFORCEMENT DISCRETION REGARDING PACKAGING TAPE The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is providing notice that it will exercise regulatory enforcement discretion for any person who affixes tape of a different type than…
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Novvia Group Acquires Southern Container
St. Louis, M.O. – April 25, 2022 – Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired Southern Container, LLC (“Southern Container”), a distributor of plastic, metal, fiber, and glass packaging products. Financial terms of the private transaction were not disclosed. Novvia is backed by Kelso &…
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Shipping Lithium-Ion Battery Updates
Did you know there is a change coming for battery shipping? Check out the details below regarding shipping lithium-ion battery updates. As of April 1, 2022, lithium-ion and lithium metal batteries or cells shipped separately will no longer be accepted for air transportation when prepared under Section II of the relevant IATA Dangerous Goods Regulations (DGR) Packing Instruction. This…
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U.S. Civil Penalties Updated March 21, 2022
Please take note that PHMSA has updated the maximum and minimum civil penalties for a known violation of the HMR in March of 2022. The maximum civil penalty of $84,425 was increased to $89,425 per violation. If the violation results in death, serious illness, severe injury, substantial property damage, the…
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Navigating a Complex Supply Chain
As published in this brief, the current supply chain difficulties that are causing chaos at ports, warehouses, and retailers may last longer than expected. In the meantime, our team is dedicated to improving and minimizing the impact on our customers and their businesses. Here are some of the steps we…
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Novvia Group Acquires Andicor’s Container Distribution Division
ST. LOUIS–(BUSINESS WIRE)–Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired the container distribution division of Andicor Specialty Chemicals (“Andicor Container Distribution”), a distributor of plastic, tin, and steel products in Canada. In connection with the transaction, Andicor Container Distribution will be re-branded Novvia Group Canada….
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Novvia Group Acquires Rhino Container
ST. LOUIS, Mo.–(BUSINESS WIRE)–Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired Rhino Container Inc. (“Rhino”), a distributor of plastic, metal, corrugated, and glass packaging products. Financial terms of the private transaction were not disclosed. Headquartered in Chino, CA, Rhino is a distributor of cans, pails,…
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Novvia Group Acquires Fox Valley Containers
October 25, 2021 09:00 AM Eastern Daylight Time ST. LOUIS–(BUSINESS WIRE)–Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired Fox Valley Containers, Inc. (“Fox Valley”), a distributor of plastic, metal, corrugated, and glass packaging products. Financial terms of the private transaction were not disclosed. Headquartered in…
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Leading Regional Packaging Companies Form the Novvia Group
NEW YORK–(BUSINESS WIRE)–A group of leading regional packing companies backed by Kelso & Company including Inmark, C.L. Smith, Silver Spur and Container Supply have united to form The Novvia Group, a leader in high-quality packaging solutions with domestic and international customers across a wide range of industries. Derived from the…
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Container Supply Inc.
June 30, 2021 01:00 PM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Funds managed by Kelso & Company (“Kelso”) have acquired Container Supply, Inc. (“Container Supply”), a distributor of metal and plastic packaging products. Container Supply will be combined with Kelso’s existing investments in C.L. Smith, Inmark, and Silver Spur, distributors of…
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New Acquisition from Kelso & Company
NEW YORK–(BUSINESS WIRE)–Funds managed by Kelso & Company (“Kelso”) have acquired Silver Spur Corporation (“Silver Spur”), a supplier of specialty glass and plastic packaging. Silver Spur will be combined with Kelso’s existing investments in C.L. Smith and Inmark, distributors of rigid container and life sciences packaging products. Financial terms of…
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Kelso & Company Acquires C.L. Smith
NEW YORK–(BUSINESS WIRE)–Kelso & Company (“Kelso”) and affiliated funds have acquired a majority interest in C.L. Smith Company (“C.L. Smith”), a leading distributor of rigid packaging solutions. C.L. Smith will be combined with Kelso’s existing investment in Inmark, a distributor of rigid container and life sciences packaging products. Financial terms…
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