# Amcor Rigid Plastics completes acquisition of Sonoco's Global Plastics blow molding business

Amcor Rigid Plastics completed its acquisition of Sonoco's Global Plastics blow molding business in North America, adding seven plants in the U.S. and Canada and about 850 employees. Terms were not disclosed.

- Type: Acquisition
- Announced: 2016-11-01
- Where: North America, United States
- Value: $280.0M
- Jobs: 850
- Status: completed
- Products: custom rigid plastic bottles, jars, overcaps, closures
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Amcor](https://endata.com/companies/267.md) (acquirer)
- [Sonoco](https://endata.com/companies/268.md) (target)
- [Sonoco Products](https://endata.com/companies/315.md) (partner)

## Sources

- [dbusiness.com](https://www.dbusiness.com/daily-news/ann-arbors-amcor-acquires-north-american-plastics-business/), 2016-11-08: "Company officials say the acquisition will increase Amcor Rigid Plastics' workforce by an additional 850 employees and expand the company's operational footprint with an additional six plants in the U.S. and one in Canada."
- [amcor.com](https://www.amcor.com/media/news/amcor-completes-acquisition-of-sonoco-specialty-containers-business), 2016-11-08: "AMCOR COMPLETES ACQUISITION OF SONOCO SPECIALTY CONTAINERS BUSINESS"
- [k-online.com](https://www.k-online.com/en/Media_News/News/AMCOR_Purchase_of_Chinese_flexible_packaging_producer_Hebei_Qite_for_USD_28m_Acquisition_of_Sonoco_s_rigid_plastics_blow_moulding_slate_wrapped_up), 2016-11-11: "The USD 280m deal will give the company additional scale and add to its capacities for speciality container production, Amcor said."

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