# Next Generation Films and Charter NEX Films to combine, creating specialty films leader

Next Generation Films and Charter NEX Films announced a definitive agreement to join forces, backed by private equity firms Leonard Green & Partners and Oak Hill Capital. The combined company will have 11 manufacturing plants and more than 100 extrusion lines in Ohio, Wisconsin, South Carolina and Massachusetts.

- Type: Acquisition
- Announced: 2019-04-29
- Where: United States
- Status: announced
- Products: specialty films
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Leonard Green & Partners](https://endata.com/companies/2739.md) (investor)
- [Next Generation Films](https://endata.com/companies/39092.md) (target)
- [Charter NEX Films](https://endata.com/companies/39093.md) (acquirer)
- [Oak Hill Capital](https://endata.com/companies/39094.md) (investor)

## Sources

- [refrigeratedfrozenfood.com](https://www.refrigeratedfrozenfood.com/articles/97132-next-generation-films-charter-nex-films-join-forces-to-lead-specialty-films-market), 2019-04-29: "By blending our complementary assets, capabilities and expertise, we will create a powerful value proposition for our customers."

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