Atlas Holdings Announces the Sale of Novipax and Formation of NPX ONE

GREENWICH, Conn.--(BUSINESS WIRE)--Atlas Holdings announced today the sale of Novipax, the leading producer of absorbent pads in the United States to ACON Investments, L.L.C. ACON is an international private equity investment firm based in Washington, DC. The trays business, previously part of Novipax, is not included in the transaction and will now be known as NPX ONE. Terms were not disclosed. Novipax was established by Atlas in 2015 to acquire the North American Foam Trays and Absorbent Pads