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TOPPAN Holdings signed an agreement to acquire the flexible packaging and thermoformed container business of SONOCO Products Company for about 1.8 billion US dollars, expanding its sustainable packaging operations in North and South America.
The European Commission approved Sonoco Products' acquisition of the Eviosys group, which includes metal packaging and closure plants in Spain, under EU competition rules.
Sonoco Products agreed to acquire Eviosys, Europe's leading food can, ends and closures maker, from KPS Capital Partners for approximately $3.9 billion. The deal is expected to create the leading metal food can and aerosol packaging manufacturer globally.
Sonoco and ENGIE North America entered a 15-year virtual power purchase agreement for an estimated 140 megawatts per year from ENGIE's Big Sampson wind project under construction in Crockett County, Texas. The output will be Sonoco's first renewable energy project and is subject to certain conditions.
Sonoco agreed to buy WestRock's remaining equity in the RTS Packaging joint venture, plus a WestRock paper mill in Chattanooga, Tennessee, for $330 million in cash. About 1,100 employees will join Sonoco; closing is expected in the first half of 2023.
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.
The UK Competition and Markets Authority cleared Sonoco Products Company's completed acquisition of French packaging maker Can Packaging SAS after a phase 1 merger inquiry, with the decision announced on 2020-12-21.
Cascades Sonoco inaugurated its expanded Birmingham, Alabama facility and a new production line for water-based coated paperboard. The US$17 million investment has capacity of 50,000 tonnes per year.
A Cascades and Sonoco joint venture plans to invest $16 million to expand its Birmingham, Alabama plant for a new line of recyclable take-out containers. The line is expected to start up by mid-2018; the announcement is dated 2017-02-24.
Sonoco Products will invest about $20 million in a new packaging center in Fairburn, Fulton County, Georgia, creating 130 full-time and 465 part-time jobs to support Duracell's North American battery packaging operation.
Amcor Rigid Plastics completed its acquisition of Sonoco's Global Plastics blow molding business in North America, adding seven plants in the U.S. and Canada and about 850 employees. Terms were not disclosed.
