Sealed Air to acquire Liquibox for $1.15 billion

Sealed Air (NYSE: SEE) signed a definitive agreement to acquire Liquibox, a manufacturer of Bag-in-Box sustainable packaging and dispensing solutions, for $1.15 billion on a cash-free, debt-free basis. Liquibox had estimated 2022 revenue of $362 million.

“SEE (NYSE: SEE) today announced that it has signed a definitive agreement to acquire Liquibox, a pioneer, innovator and manufacturer of Bag-in-Box sustainable Fluids & Liquids packaging and dispensing solutions.”sealedair.com

• 3 sources
• sealedair.comSEE to Acquire LiquiboxNov 1, 2022
• reuters.comPackaging firm Sealed Air to buy Liquibox for $1.15 bln in QSR pushNov 1, 2022
• charlotteobserver.comCharlotte-based Sealed Air Corporation buys Liquibox for $1B | Charlotte ObserverNov 1, 2022

Summarized from public sources; check the original articles before acting on it.