# European Commission clears Sonoco's acquisition of Eviosys

The European Commission approved Sonoco Products' acquisition of the Eviosys group, which includes metal packaging and closure plants in Spain, under EU competition rules.

- Type: Acquisition
- Announced: 2024-11-12
- Where: Spain
- Value: $3.80B (3.60B EUR)
- Status: announced
- Products: metal canning containers, metal closures
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.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

- [mundolatas.com](https://mundolatas.com/en/european-commission-approves-purchase-of-eviosys-by-sonoco/), 2024-11-12: "The European Commission has approved the acquisition of the Eviosys group by the American Sonoco Products Company within the EU competition laws."
- [nasdaq.com](https://www.nasdaq.com/press-release/sonoco-completes-acquisition-eviosys-2024-12-04), 2024-12-04: "today announced the close of its acquisition of Eviosys, Europe's leading food cans, ends and closures manufacturer, from KPS Capital Partners, LP"
- [packagingdive.com](https://www.packagingdive.com/news/sonoco-completes-acquisition-eviosys-metal-packaging-crown/734547/), 2024-12-04: "Sonoco today completed its acquisition of Switzerland-based metal packaging company Eviosys from KPS Capital Partners for more than 3.6 billion euros, or about $3.8 billion."

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