LOS ANGELES, Jan. 9, 2026 /PRNewswire/ — Platinum Equity announced today a significant investment in Norton Packaging, a provider of plastic pails and packagingLOS ANGELES, Jan. 9, 2026 /PRNewswire/ — Platinum Equity announced today a significant investment in Norton Packaging, a provider of plastic pails and packaging

PLATINUM EQUITY INVESTS IN NORTON PACKAGING

LOS ANGELES, Jan. 9, 2026 /PRNewswire/ — Platinum Equity announced today a significant investment in Norton Packaging, a provider of plastic pails and packaging solutions.

Founded in 1901 and headquartered in Hayward, Calif., Norton is a provider of high-performance rigid packaging solutions for a range of categories, including paints and coatings, chemicals and cleansers, food products, lubricants, and other applications.

“We have great respect for the Norton family and the business they’ve built over multiple generations,” said Platinum Equity Co‑President Jacob Kotzubei. “For more than a century, Norton has demonstrated a commitment to quality, consistency, and deep customer relationships. We believe that foundation, combined with the company’s technical expertise and service‑oriented culture, makes Norton an exceptional platform for growth. We see meaningful opportunities to invest in the business, support continued innovation, and help the company reach even greater scale.”

Norton Packaging CEO Greg Norton and the Norton family retained a significant interest in the business, and Mr. Norton will continue to lead the company going forward.

“We are excited about the prospect of partnering with Platinum Equity,” said Mr. Norton. “Our family has always believed in doing things the right way. That means putting customers first, investing in our people, and staying committed to manufacturing excellence. Platinum’s track record in the packaging sector and its experience helping family‑led businesses grow give us confidence that this is the right partner for the next chapter in Norton’s evolution.”

Platinum Equity has invested in numerous packaging businesses. The firm’s current portfolio includes Growscape, a North American manufacturer and supplier of horticultural containers and decorative, functional products for the lawn and garden market. Platinum Equity previously owned BWAY, a manufacturer of rigid metal and plastic containers used to package industrial, bulk food, and retail goods.

“Norton has built an impressive business with a loyal customer base, and we believe the company is well positioned for both organic and strategic growth,” said Platinum Equity Managing Director Nick Fries. “We see significant opportunities to enhance its operations, expand capacity where needed, and pursue add‑on acquisitions that can broaden the company’s capabilities and geographic reach. We’re looking forward to working with Greg and the Norton team to help accelerate their long‑term growth plans.”

Financial terms were not disclosed.

Stifel served as financial advisor and Gibson, Dunn & Crutcher LLP served as legal counsel to Platinum Equity on the Norton acquisition. Perella Weinberg Partners LP served as financial advisor and Donahue Fitzgerald LLP served as legal counsel to Norton Packaging.

About Platinum Equity
Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $50 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 30 years Platinum Equity has completed more than 500 acquisitions.

Contacts:

Dan Whelan
Platinum Equity
dwhelan@platinumequity.com

Cision View original content:https://www.prnewswire.com/news-releases/platinum-equity-invests-in-norton-packaging-302657124.html

SOURCE Platinum Equity

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Onyxcoin Price Breakout Coming — Is a 38% Move Next?

Onyxcoin Price Breakout Coming — Is a 38% Move Next?

The post Onyxcoin Price Breakout Coming — Is a 38% Move Next? appeared on BitcoinEthereumNews.com. Onyxcoin price action has entered a tense standoff between bulls
Share
BitcoinEthereumNews2026/01/14 00:33
CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10