# SIG to acquire Evergreen Asia fresh carton business for $335M

SIG announced an agreement to acquire Pactiv Evergreen Inc.'s Asia Pacific Fresh operations (Evergreen Asia) for an enterprise value of $335 million. The business supplies filling machines and cartons for fresh milk in China, South Korea and Taiwan.

- Type: Acquisition
- Announced: 2022-01-05
- Where: China
- Value: $335.0M
- Jobs: 8,000
- Status: announced
- Products: filling machines, cartons, closures for fresh milk packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Scholle IPN](https://endata.com/companies/1257.md) (target)
- [Pactiv Evergreen](https://endata.com/companies/5024.md) (partner)
- [SIG](https://endata.com/companies/40984.md) (acquirer)
- [Evergreen Asia](https://endata.com/companies/60112.md) (target)

## Sources

- [sig.biz](https://www.sig.biz/en-us/media/press-releases/sig-to-acquire-evergreen-fresh-carton-business-in-asia), 2022-01-05: "SIG today announced that it has entered into an agreement to acquire Pactiv Evergreen Inc.'s Asia Pacific Fresh operations for an enterprise value of $335 million."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/scholle-ipn-announces-they-will-be-acquired-by-sig-forming-leading-packaging-company-829190678.html), 2022-02-01: "The acquisition of Scholle IPN cements SIG's position as a global leader in innovative and sustainable packaging for food and beverages."
- [newswire.ca](https://www.newswire.ca/news-releases/scholle-ipn-annonce-qu-elle-sera-acquise-par-sig-formant-ainsi-une-entreprise-d-emballage-de-premier-plan-897039075.html), 2022-02-02: "L'acquisition de Scholle IPN consolide la position de chef de file mondial de SIG en matière d'emballage novateur et durable pour les aliments et les boissons."

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