Sonoco to acquire WestRock's remaining 65% stake in RTS Packaging for $330M

Sonoco agreed to buy WestRock's remaining equity interest in RTS Packaging, plus a WestRock paper mill in Chattanooga, Tennessee, for $330 million in cash, with closing expected in the first half of 2023.

“Sonoco announced it has entered a definitive agreement to purchase the remaining equity interest in RTS Packaging, LLC from joint venture partner WestRock Company for $330 million in cash”moneycontroller.co.uk

• 1 source
• moneycontroller.co.uk09/11/2022 - Sonoco Products Co.: Sonoco Announces Agreement to Acquire Westrock’s Remaining Interest in Joint Venture: RTS PackagingSep 11, 2022

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