Silver Spur also provides custom design and other value-added services and is committed to delivering best-in-class availability, customer care, and responsiveness. Silver Spur’s 115,000 square foot warehouse offers customers just-in-time access to an extensive assortment of products sourced via the company’s global network of vendor relationships. Headquartered in Cerritos, CA, Silver Spur is a stocking distributor of glass and plastic packaging products serving a variety of end markets, with a specialization in glass bottles used in nutraceutical and pharmaceutical applications. Financial terms of the private transaction were not disclosed. Smith and Inmark, distributors of rigid container and life sciences packaging products. Silver Spur will be combined with Kelso’s existing investments in C.L. Kelso and affiliated funds have acquired Silver Spur Corporation (“Silver Spur”), a supplier of specialty glass and plastic packaging. The Company’s existing management team, led by Executive Chairman and CEO Jeff Brezek, will continue to lead the company, and remain significant owners of the company alongside Kelso. Inovar was previously a portfolio company of AEA Investors. With seven nationwide locations working closely together, Inovar offers a broad range of products, services, and technologies with a central focus on providing unparalleled quality, customer service, and flexibility to consistently meet customer needs.ĭALLAS-( BUSINESS WIRE)-Inovar Packaging Group (“Inovar” or the “Company”), a full-service provider of pressure sensitive labels, shrink sleeves and flexibles for a wide range of industries, announced today that funds managed by Kelso & Company (“Kelso”) have acquired a majority interest in the Company. Headquartered in Dallas, TX, Inovar is one of North America’s premier label printing and packaging solution companies. Kelso is pleased to announce that certain of our affiliate funds have acquired a majority interest in Inovar Packaging Group (“Inovar”), a full-service provider of pressure sensitive labels, shrink sleeves and flexibles for a wide range of industries.
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