The Royal Group (TRG) has confirmed it has completed the acquisition of Innovative Fiber, effective March 31, 2023.
Located in Franklin, WI, Innovative Fiber is a premier solutions provider in the corrugated industry offering customized traditional packaging and patented, sustainable solutions for the food processing and food service industries.
“We are thrilled to add Innovative Fiber to our team at TRG. The Covelli family and their talented employees have built a wonderful company that thrives on responsiveness, innovation, and impeccable customer service. Their strong customer base and location in Wisconsin will immediately make TRG a better company. We look forward to building on their strong foundation and further entrenching ourselves in the Wisconsin market,” said Kevin Miller, President and CEO.
Innovative Fiber is the 18th manufacturing facility and 38th TRG location nationwide. This acquisition supports TRG’s strategic focus centered around growth, innovation, and people.
“We’re delighted to welcome Innovative Fiber to the TRG family. We look forward to expanding on the foundation of capabilities and services they’ve provided to their customers for many years,” said John Schwarz, General Partner, Schwarz Partners.
This will be the second TRG location in Wisconsin, including TRG Elkhorn, and provides expanded coverage and capabilities to customers in the Midwest.
“We’re excited to join The Royal Group” said Jeff Covelli, President of Innovative Fiber. “Coming into another family business that shares the same values, culture, and customer focus is very important to our team. It’s our goal to provide customers with the same commitment towards innovation, stellar customer service, and speed to market.”
Covelli will serve as General Manager and remain with the company in a leadership position.
