# Sonoco to acquire Highland Packaging Solutions for about $150 million

Sonoco signed a definitive agreement to acquire privately owned Highland Packaging Solutions, a thermoformed plastic packaging producer in Plant City, Florida, for about $150 million in cash, expected to close in Q2 2018.

- Type: Acquisition
- Announced: 2018-03-27
- Where: Plant City, Florida, United States
- Value: $150.0M
- Status: announced
- Products: thermoformed plastic packaging, flexographic printed labels, egg packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco](https://endata.com/companies/268.md) (acquirer)
- [Highland Packaging Solutions](https://endata.com/companies/3047.md) (target)

## Sources

- [flexography.org](https://www.flexography.org/industry-news/sonoco-to-acquire-highland-packaging-solutions/), 2018-03-27: "Sonoco, one of the largest diversified global packaging companies, announced it has signed a definitive agreement to acquire Highland Packaging Solutions for approximately $150 million in cash."
- [newyork.citybuzz.co](https://newyork.citybuzz.co/article/475515/sonoco-completes-acquisition-of-highland-packaging-solutions), 2018-04-12: "Sonoco acquired the privately-held Highland for approximately $150 million in cash."

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