# 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.

- Type: Acquisition
- Announced: 2021-12-20
- Where: Broomfield, Colorado, United States
- Value: $1.35B
- Status: announced
- Products: steel tinplate food cans, aerosol cans, closures, packaging components
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco](https://endata.com/companies/268.md) (acquirer)
- [Ball Corporation](https://endata.com/companies/556.md) (partner)
- [Platinum Equity](https://endata.com/companies/1087.md) (partner)
- [Ball Metalpack](https://endata.com/companies/3477.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/12/20/2355069/26553/en/sonoco-agrees-to-acquire-ball-metalpack.html), 2021-12-20: "Sonoco (NYSE: SON), one of the largest sustainable global packaging companies, today announced it has entered into a definitive agreement to acquire Ball Metalpack."
- [packaginginsights.com](https://www.packaginginsights.com/news/sonoco-swoops-for-ball-metalpack-in-us13b-tinplate-steel-mega-deal.html), 2022-01-03: "Sonoco has agreed to acquire Ball Metalpack, a leading metal packaging manufacturer for food and household products"
- [investor.sonoco.com](https://investor.sonoco.com/news/news-details/2022/Sonoco-Completes-Acquisition-of-Ball-Metalpack-01-27-2022/default.aspx), 2022-01-27: "Sonoco (NYSE: SON), one of the largest sustainable global packaging companies, today announced it has completed the acquisition of Ball Metalpack."
- [globenewswire.com](https://www.globenewswire.com/news-release/2022/01/27/2374096/26553/en/Sonoco-Completes-Acquisition-of-Ball-Metalpack.html), 2022-01-27: "today announced it has completed the acquisition of Ball Metalpack, a leading manufacturer of sustainable metal packaging for food and household products."

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