# Sonoco acquires remaining one-third stake in Sonoco do Brasil flexible packaging JV

Sonoco acquired the remaining one-third interest in Sonoco do Brasil Participacoes from private investors, taking full ownership of the flexible packaging joint venture near Curitiba, Brazil. The joint venture had about $34 million in 2021 sales.

- Type: Acquisition
- Announced: 2022-04-19
- Where: Pinhais, near Curitiba, Brazil
- Status: completed
- Products: flexible packaging, rotogravure printed packaging, foil-based flexible packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco](https://endata.com/companies/268.md) (acquirer)
- [Sonoco do Brasil Participacoes](https://endata.com/companies/9153.md) (target)

## Sources

- [globalpapermoney.com](https://www.globalpapermoney.com/sonoco-acquires-remaining-interest-in-brazil-joint-venture-cms-14929), 2022-04-19: "Sonoco... announced it has acquired the remaining one-third interest in Sonoco do Brasil Participacoes, Ltda, a Brazil-based flexible packaging joint venture, from private investors."

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