# Apollo Global Management x Novolex: partnership

Canonical ID: `9a6dfa7d-2450-4cdb-b743-f304bf2d599e`

Apollo Funds completed the acquisition of a majority stake in Novolex a leading global manufacturer of sustainable packaging products. The partnership drives transformative growth and advances sustainability goals for the foodservice packaging company.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [Apollo Global Management, Inc.](https://registry.deploy.report/companies/apollo-global.md) investor partner
- Novolex _(off-registry)_ investor partner

## Timeline

- **Announced:** 2022-04-13

## Sources (1)

1. https://www.apollo.com/insights-news/pressreleases/2022/04/apollo-funds-complete-acquisition-of-majority-stake-in-novolex-211548968


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