# Novolex to combine with Pactiv Evergreen in food and beverage packaging merger

Novolex and Pactiv Evergreen have signed a definitive agreement to combine into a leading food, beverage and specialty packaging manufacturer. Pactiv Evergreen shareholders will receive $18.00 per share in cash.

- Type: Acquisition
- Announced: 2019-05-14
- Where: United States
- Status: announced
- Products: food packaging, beverage packaging, specialty packaging
- 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)
- [Pactiv Evergreen](https://endata.com/companies/5024.md) (target)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/pennwell.laserfocusworld/article/gnwcq-2024-12-9-novolex-and-pactiv-evergreen-inc-to-combine-establishing-a-leading-manufacturer-in-food-and-beverage-packaging), 2019-05-14: "Pactiv Evergreen Shareholders to Receive $18.00 Per Share in Cash"

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