# Sonoco acquires TEQ and UK-based Plastique Holdings from ESCO Technologies

US packaging firm Sonoco acquired Thermoform Engineered Quality (TEQ) and Stevenage-based Plastique Holdings from ESCO Technologies for about £145 million ($187 million).

- Type: Acquisition
- Announced: 2019-11-25
- Where: Stevenage, United Kingdom
- Value: $187.0M (145.0M GBP)
- Status: completed
- Products: thermoformed packaging, plastic packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco](https://endata.com/companies/268.md) (acquirer)
- [ESCO Technologies](https://endata.com/companies/2084.md) (partner)
- [Plastique Holdings](https://endata.com/companies/5821.md) (target)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/15), 2019-11-25: "US-based packaging firm Sonoco has acquired Thermoform Engineered Quality (TEQ) and UK-based Plastique Holdings from ESCO Technologies (together TEQ) for $187 (£145m)."

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