Novolex, a Wind Point Partners portfolio company, has acquired Wisconsin Film & Bag (WF&B), a manufacturer of custom polyethylene bags and films based in Shawano, Wisconsin. The company operates a converting plant and a plastics recycling plant near Shawano and has approximately 175 employees.
Wisconsin Film & Bag was founded in 1972 in Oconto, Wisconsin as a manufacturer of can liners. The company expanded and moved to the Shawano site in the early 1980s. It has experienced continuous growth over the last 40 years and invested in state of the art manufacturing systems. The Company has won several awards in recent years for innovation and has unique expertise in the recovery and recycling of postindustrial and postconsumer plastics packaging.
WF&B is Novolex’s fourth acquisition since Wind Point Partners acquired Novolex (formerly Hilex Poly) in 2012, in partnership with Chairman and chief executive officer Stan Bikulege.
Published in the December 2015 Edition of American Recycler News