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Apollo/Flex-Novolex

M/22/010

Completed

Transaction details

The proposed acquisition by investment funds managed by affiliates of Apollo Management L.P. of sole control of Flex Acquisition Holdings, Inc. and its subsidiaries, has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:18 February 2022
  • Publication date:18 February 2022
  • Economic sector:Manufacturing - C
  • Economic sub-sector:Other manufacturing - C.32
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 18 February, 2022 Notification received
  • Friday, 4 March, 2022 Third party submission deadline
  • Wednesday, 9 March, 2022 Determination issued
Parties Involved

Apollo Management L.P.

Apollo Management L.P. is an investment advisor controlled by Apollo Global Management Inc. ("Apollo"). Apollo is a global alternative investment manager with offices in North America, Europe and Asia. Investment funds managed by affiliates of Apollo invest in equity and debt securities issued by companies involved in various business activities.

 

Flex Acquisition Holdings, Inc.

Novolex Holdings, LLC is a subsidiary of Flex Acquisition Holdings, Inc., and is a manufacturer of paper and plastic flexible packaging products, primarily servicing customers in the foodservice, grocery retail and commercial end markets.

Contacts
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