# Transcontinental acquires Coveris Americas flexible-packaging business for $1.72B

Montréal-based Transcontinental acquired the Americas flexible-packaging business of Coveris Holdings, a Chicago-based plastics products manufacturer owned by Sun Capital, for $1.72 billion.

- Type: Acquisition
- Announced: 2018-07-23
- Where: United States
- Value: $1.72B
- Status: completed
- Products: flexible packaging, dairy packaging, pet food packaging, beverage packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Transcontinental Inc.](https://endata.com/companies/2936.md) (acquirer)
- [Coveris Holdings](https://endata.com/companies/3076.md) (target)
- [Sun Capital](https://endata.com/companies/3641.md) (partner)

## Sources

- [lexpert.ca](https://www.lexpert.ca/archive/on-the-deal-qa-transcontinental-transforms/352061), 2018-07-23: "Montréal-based Transcontinental Inc. acquired the Americas flexible-packaging business of Coveris Holdings SA, a Chicago-based manufacturer of plastics products, for $1.72 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.