◂ Announcements

Packagingworld trade 2024+3.9% 5Y CAGR

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

Nov 18, 2019ACQUISITIONHuntley, Illinois, United States

Sonoco to acquire thermoformed healthcare packaging maker TEQ from ESCO for $187M

Sonoco signed a definitive agreement to acquire Thermoform Engineered Quality (TEQ) from ESCO Technologies for approximately $187 million in cash. TEQ makes thermoformed packaging for healthcare, medical device and consumer markets, with facilities in the US, UK and Poland.

Value

$187.0M

Status

Announced

Productsthermoformed medical packagingsterile barrier packagingthermoformed consumer packagingmolded-pulp packaging

CompaniesSonoco acquirer ESCO Technologies partner Thermoform Engineered Quality target

Sectors#Packaging #Plastics and Polymers

“Sonoco ... today announced it has signed a definitive agreement to acquire Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ)”globenewswire.com

1 source
globenewswire.comSonoco to Acquire Healthcare Packaging and Medical DeviceNov 18, 2019

Summarized from public sources; check the original articles before acting on it.

◂ Announcements

Sonoco to acquire thermoformed healthcare packaging maker TEQ from ESCO for $187M

More from Sonoco

◂ Announcements

Sonoco to acquire thermoformed healthcare packaging maker TEQ from ESCO for $187M

More from Sonoco

Similar announcements