# Novolex to acquire Shields Bag and Printing Company's flexible packaging business

Novolex, a portfolio company of The Carlyle Group, agreed to acquire certain assets and business operations of Shields Bag and Printing Co., a flexible packaging maker in Yakima, Washington. Terms were not disclosed and closing is expected near year end 2017.

- Type: Acquisition
- Announced: 2017-12-06
- Where: Yakima, Washington, United States
- Status: announced
- Products: flexible packaging, custom engineered bags, blown film
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Novolex](https://endata.com/companies/331.md) (acquirer)
- [Shields Bag and Printing Company](https://endata.com/companies/2512.md) (target)

## Sources

- [labelandnarrowweb.com](https://www.labelandnarrowweb.com/breaking-news/novolex-agrees-to-acquire-shields-bag-and-printing-company/), 2017-12-06: "Novolex, a portfolio company of The Carlyle Group, has announced it has agreed to acquire certain assets and business operations of Shields Bag and Printing Co."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.