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

Sonoco agreed to purchase metal packaging maker Eviosys from KPS Capital Partners for $3.9 billion, creating a leading global metal food can and aerosol packaging business. Eviosys is expected to generate about $2.5 billion in 2024 revenue.

- Type: Acquisition
- Announced: 2024-06-01
- Value: $3.90B
- Status: announced
- Products: food cans, aerosol cans, metal closures, ends
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco](https://endata.com/companies/268.md) (acquirer)
- [Crown](https://endata.com/companies/535.md) (partner)
- [KPS Capital Partners](https://endata.com/companies/1184.md) (partner)
- [Eviosys](https://endata.com/companies/6269.md) (target)
- [KPS](https://endata.com/companies/6270.md) (partner)

## Sources

- [packagingeurope.com](https://www.packagingeurope.com/sonoco-envisions-global-leadership-in-metal-can-production-as-it-buys-eviosys/), 2024-07-01: "Sonoco, the company behind the Pringles can, is purchasing Eviosys from KPS Capital Partners for $3.9 billion."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/page/12), 2024-07-08: "Sonoco has swooped to acquire metal packaging giant Eviosys in a £3bn deal from Investment firm KPS."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/4), 2024-10-07: "Sonoco has swooped to acquire metal packaging giant Eviosys in a £3bn deal from Investment firm KPS."
- [packagingdive.com](https://www.packagingdive.com/news/eviosys-sonoco-merger-investigation-uk-europe/731015/), 2024-10-25: "Sonoco first announced the $3.9 billion deal in June and expected it would close in the fourth quarter of 2024"

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