Novolex®, an industry leader in packaging choice, innovation and sustainability, announced it has acquired the business of B&H Bag Company, a leading manufacturer of paper bags and other products. The B&H business will be a part of the Novolex Duro Bag® business, strengthening Duro‘s customer service through increased production capacity. The family-owned company has one manufacturing plant, located outside of Houston, Texas. “We are pleased to welcome the B&H team into the Novolex family,” said Stan Bikulege, Chairman and CEO of Novolex. “B&H brings a strong line of products and a tradition of customer service excellence that we are proud to add to our organization. The talented and dedicated B&H team will be a great addition to our Duro Bag business.”
The Mayr-Melnhof Group (MM) has completed the acquisition of the Kwidzyn plant, Poland, agreed in mid-February 2021, with the approval of all relevant competition authorities. The acquisition of Kwidzyn is part of MM’s strategy to grow high-quality virgin fiber board (FBB) with innovative, sustainable and cost-efficient grades. In addition, MM diversifies the product portfolio by integrating an attractive pulp and paper production with a focus on uncoated fine paper (UWF) and packaging kraft papers.
In line with the expanded product range, the MM Karton division is renamed MM Board & Paper.
“I am pleased that we are entering two new core businesses with uncoated fine paper and packaging kraft paper. MM Kwidzyn will drive our innovations for more sustainable packaging solutions in the growing virgin fiber board market and also create attractive new perspectives through the integration of pulp and paper at a European location with cost advantages. We look forward to a successful collaboration with our new colleagues, ”comments Peter Oswald, CEO of the MM Group.
MM Kwidzyn operates a pulp mill at the integrated pulp and paper site in Kwidzyn with an annual capacity of around 400,000 t and four connected cardboard / paper machines. The centerpiece is an FBB machine with an annual capacity of 260,000 t of cardboard. In addition, MM Kwidzyn has entered the MF Kraft paper segment with a paper machine in order to meet the growing demand for flexible fiber-based packaging products with an annual capacity of 75,000 t. MM Kwidzyn also operates two of the most attractive copy paper machines (UWF) in Europe with a total annual capacity of 410,000 t. The plant employs around 2,300 people.