# SIG to acquire Scholle IPN, forming combined packaging company

Scholle IPN agreed to be acquired by SIG, a Swiss aseptic carton packaging company, creating a combined firm with nearly 8,000 employees and 69 sales and manufacturing sites. The announcement was made on February 1, 2022.

- Type: Acquisition
- Announced: 2022-02-01
- Where: Northlake, Illinois, United States
- Value: $1.53B (1.36B EUR)
- Status: announced
- Products: flexible packaging, bag-in-box, spouted pouches, aseptic carton packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Scholle IPN](https://endata.com/companies/1257.md) (target)
- [SIG Combibloc](https://endata.com/companies/2294.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/scholle-ipn-announces-they-will-be-acquired-by-sig-forming-leading-packaging-company-301472308.html), 2022-02-01: "Scholle IPN, a top global supplier of flexible packaging solutions, announced today that they have agreed to be acquired by SIG, a world-leading aseptic carton packaging company."
- [newswire.ca](https://www.newswire.ca/news-releases/scholle-ipn-announces-they-will-be-acquired-by-sig-forming-leading-packaging-company-829190678.html), 2022-02-01: "Scholle IPN, a top global supplier of flexible packaging solutions, announced today that they have agreed to be acquired by SIG, a world-leading aseptic carton packaging company."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/sig-scholle-ipn-acquisition/), 2022-02-01: "Switzerland-based aseptic packaging provider SIG has agreed to purchase flexible packaging company Scholle IPN for an enterprise value of €1.36bn ($1.53bn)"
- [indifoodbev.com](https://indifoodbev.com/latest/sig-enters-an-agreement/), 2022-02-22: "SIG has entered into an agreement to acquire 100% of Scholle IPN, a privately held company, for an enterprise value of Euro 1.36 2 billion."

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