Sonoco to acquire Ball Metalpack for $1.35 billion

Sonoco agreed to acquire Ball Metalpack, a metal packaging joint venture owned by Platinum Equity and Ball Corporation, for $1.35 billion in cash. Ball Metalpack is projected to generate about $850 million in 2021 revenue.

“Sonoco (NYSE: SON), one of the largest sustainable global packaging companies, today announced it has entered into a definitive agreement to acquire Ball Metalpack.”globenewswire.com

• 4 sources
• globenewswire.comSonoco Agrees to Acquire Ball MetalpackDec 20, 2021
• packaginginsights.comSonoco swoops for Ball Metalpack in US$1.3B tinplate steel mega-dealJan 3, 2022
• investor.sonoco.comSonoco Products Company - Sonoco Completes Acquisition of Ball MetalpackJan 27, 2022
• globenewswire.comSonoco Completes Acquisition of Ball MetalpackJan 27, 2022

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