# Packaging Corporation of America to acquire Sacramento Container Corporation for $265M

Packaging Corporation of America agreed to acquire substantially all assets of Sacramento Container Corporation and related sheet operations in California for a cash price of $265 million. Closing is expected in early Q4 2017.

- Type: Acquisition
- Announced: 2017-08-21
- Where: Sacramento, California, United States
- Value: $265.0M
- Status: announced
- Products: corrugated products, sheets
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Packaging Corporation of America](https://endata.com/companies/467.md) (acquirer)
- [Sacramento Container Corporation](https://endata.com/companies/1942.md) (target)
- [Northern Sheets](https://endata.com/companies/2170.md) (target)
- [Central California Sheets](https://endata.com/companies/2171.md) (target)

## Sources

- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/pca-to-acquire-sacramento-container-corporation/), 2017-08-21: "Packaging Corporation of America announced that it has entered into a definitive agreement to acquire substantially all of the assets of Sacramento Container Corporation."
- [reuters.com](https://www.reuters.com/article/business/packaging-corporation-of-america-announces-agreement-to-acquire-sacramento-conta-idUSASB0BGL3/), 2017-08-21: "Deal for $265 million"
- [pulpapernews.com](https://www.pulpapernews.com/20190803/8761/pca-acquire-sacramento-container-corporation), 2017-08-22: "PCA has entered into a definitive agreement to acquire substantially all of the assets of Sacramento Container Corporation"
- [pulpapernews.com](https://www.pulpapernews.com/20190803/8885/pkg-completes-acquisition-sacramento-container-corporation), 2017-10-03: "PKG announced that it has completed its acquisition of the assets of Sacramento Container Corporation and 100% of the membership interests of Northern Sheets, LLC and Central California Sheets, LLC"
- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/packaging-corporation-of-america-completes-acquisition-of-sacramento-container/), 2017-10-03: "Packaging Corporation of America announced that it has completed its acquisition of the assets of Sacramento Container Corporation"
- [pca150.wordpress.com](https://pca150.wordpress.com/2017/10/06/pcas-acquisitions-1990-2017/), 2017-10-06: "Sacramento Container Corporation was PCA’s most recent acquisition, closing just this month."

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