# Sonoco to sell ThermoSafe to Arsenal Capital Partners

Sonoco announced on September 8, 2025 the sale of ThermoSafe to Arsenal Capital Partners for $650 million cash-free and debt-free at closing, plus up to $75 million additional consideration tied to 2025 performance.

- Type: Acquisition
- Announced: 2025-09-08
- Value: $650.0M
- Status: announced
- Products: temperature-controlled shipping packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco](https://endata.com/companies/268.md) (acquirer)
- [Arsenal Capital Partners](https://endata.com/companies/5735.md) (acquirer)
- [ThermoSafe](https://endata.com/companies/13609.md) (target)

## Sources

- [packagingstrategies.com](https://www.packagingstrategies.com/articles/keyword/9236-acquisitions?page=2), 2025-10-17: "The purchase price consists of $650 million on a cash-free and debt-free basis payable at closing."

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