Novvia Group completes acquisition of Rios Containers
Global rigid container and life sciences packaging distributor, Novvia Group, has acquired Rios Containers, a California-based distributor of plastic and metal bottles, cans, drums, lids, and other rigid packaging products.
Financial terms of the private transactions were not disclosed. Novvia is backed by Kelso & Company.
Rios was founded in 1987 with a focus on providing best-in-class customer service to customers. Rios currently operates out of a 20,000+ square foot facility and is headquartered in Santa Fe Springs, California.
The acquisition further bolsters Novvia’s presence on the West Coast and will be combined with Rhino Container, Novvia’s Chino, CA-based rigid packaging subsidiary, which Novvia acquired in December 2021.
“We are delighted to add Rios to our West Coast footprint as we continue to expand Novvia’s position in this key geography,” said Executive Chairman Ken Roessler.