Strategic Acquisitions: Novvia Group acquires Saxco, Berlin Packaging completes Rixius deal

USA – Global rigid packaging distributor Novvia Group has announced the acquisition of Saxco International, a renowned provider of rigid packaging solutions for the food and beverage sectors. 

While the financial details remain undisclosed, the move marks a significant step in Novvia’s expansion strategy.  

Established in 1936 and headquartered in California, Saxco International serves over 5,000 clients across North America, including wineries, brewers, distillers, and specialty food manufacturers. 

The company operates an extensive logistics network, with more than 1 million square feet of warehouse space across 20 fulfillment centers and offers access to over 10,000 stock-keeping units (SKUs).  

Saxco’s offerings extend beyond packaging products like glass, metal, and plastic containers and closures. 

The company also provides value-added services, including packaging design, artwork management, demand planning, and case packing, making it a comprehensive partner for its clients.  

Following the acquisition, Saxco’s experienced leadership team will spearhead Novvia’s consumer product distribution division, driving growth through both organic and strategic initiatives. 

Saxco CEO JB Berry expressed optimism about the partnership, stating, “From our first interaction with Novvia, we were impressed with their professionalism, fairness, and focus on making Saxco a growth platform.”  

Novvia Executive Chair Ken Roessler added, “The acquisition of Saxco is a pivotal milestone for Novvia, enabling us to scale our consumer packaging offerings while leveraging Saxco’s expertise and resources.”  

Berlin Packaging completes acquisition of Rixius  

Meanwhile, Berlin Packaging, a global supplier of packaging solutions, has completed its acquisition of Rixius, a German provider of rigid packaging solutions. 

Founded in 1879, Rixius has transitioned from a traditional wholesaler to a value-added supply partner, serving the chemical, pharmaceutical, cosmetics, food, and beverage industries across the DACH and Benelux regions.  

Private equity firm BWK, which held a significant stake in Rixius since 2007, exited its investment as part of the deal. 

Berlin Packaging EMEA Northern Region Senior Vice-President Marcel Schröder noted, “This acquisition reinforces our position in EMEA, creating exciting new opportunities for both companies.”  

The acquisition strengthens Berlin Packaging’s footprint in Germany and expands its industrial packaging portfolio. 

Rixius CEO Wolfgang Luckhardt stated, “This marks a new chapter for Rixius, and we are excited to grow further with Berlin Packaging.”  

This move aligns with Berlin Packaging’s broader initiatives, including its ‘1Berlin Shared Ownership Programme,’ which grants employees a stake in the company, fostering a culture of shared growth and commitment.  

Subscribe to our email newsletters that provide busy executives like you with the latest news insights and trends from Africa and the World. SUBSCRIBE HERE