# Sonoco to acquire Eviosys from KPS Capital Partners for $3.9 billion

Sonoco Products agreed to acquire Eviosys, Europe's leading food can, ends and closures maker, from KPS Capital Partners for approximately $3.9 billion. The deal is expected to create the leading metal food can and aerosol packaging manufacturer globally.

- Type: Acquisition
- Announced: 2024-06-24
- Value: $3.90B
- Jobs: 6,300
- Status: announced
- Products: food cans, ends, closures, aerosol cans, promotional packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco Products](https://endata.com/companies/315.md) (acquirer)
- [KPS Capital Partners](https://endata.com/companies/1184.md) (partner)
- [Eviosys](https://endata.com/companies/6269.md) (target)

## Sources

- [investor.sonoco.com](https://investor.sonoco.com/news/news-details/2024/Sonoco-to-Acquire-Eviosys-Creating-The-Worlds-Leading-Metal-Food-Can-and-Aerosol-Packaging-Platform-06-24-2024/default.aspx), 2024-06-24: "Sonoco... today announced it has entered into an agreement to acquire Eviosys, Europe's leading food cans, ends and closures manufacturer, from KPS Capital Partners, LP"
- [packagingdive.com](https://www.packagingdive.com/news/sonoco-acquires-eviosys-kps-metal-packaging-thermosafe/719581/), 2024-06-24: "Sonoco announced Monday it plans to acquire Switzerland-based metal packaging company Eviosys from KPS Capital Partners for $3.9 billion."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/kps-capital-partners-to-sell-eviosys-to-sonoco-for-eur3-615-billion-831508324.html), 2024-06-24: "KPS Capital Partners, LP announced today that it has entered into an agreement for its portfolio company, Eviosys, to be sold to Sonoco Products Company"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.