# Sonoco sells U.S. Display and Packaging business to Hood Container for $80 million

Sonoco has closed the sale of its U.S. Display and Packaging business, based in Winston-Salem, N.C., to Hood Container Corporation for $80 million in cash.

- Type: Acquisition
- Announced: 2021-04-05
- Where: Winston-Salem, North Carolina, United States
- Value: $80.0M
- Status: completed
- Products: point-of-purchase displays, contract packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco](https://endata.com/companies/268.md) (partner)
- [Hood Container](https://endata.com/companies/427.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/04/05/2204164/26553/en/sonoco-divests-u-s-display-business-to-hood-container-corporation.html), 2021-04-05: "Sonoco today announced it has closed on the sale of its Display and Packaging business in the United States to Hood Container Corporation for $80 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.