# Novolex completes $6.7B merger with Pactiv Evergreen

Novolex completed its combination with Pactiv Evergreen in a transaction valued at approximately US$6.7 billion, inclusive of Pactiv Evergreen's net debt. The combined company will retain the Novolex name and be headquartered in North Carolina.

- Type: Acquisition
- Announced: 2025-04-07
- Where: North Carolina, United States
- Value: $6.70B
- Status: completed
- Products: packaging materials, food and beverage packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Novolex](https://endata.com/companies/331.md) (acquirer)
- [Pactiv Evergreen](https://endata.com/companies/5024.md) (target)

## Sources

- [packaginginsights.com](https://www.packaginginsights.com/news/novolex-pactiv-evergreen-merger-deal-packaging.html), 2025-04-07: "Together, we'll continue to solidify our position and deliver in the markets we serve by optimizing operations, accelerating product innovation, and driving commercial excellence."

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