Eviosys

Sonoco announced the closing of its acquisition of Eviosys, a European metal packaging manufacturer, from KPS Capital Partners.

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 agreed to purchase metal packaging maker Eviosys from KPS Capital Partners for $3.9 billion, creating a leading global metal food can and aerosol packaging business. Eviosys is expected to generate about $2.5 billion in 2024 revenue.

Eviosys opened a new eco-friendly plant in Thailand producing 85g drawn aluminium cans for the local wet pet food market.

Eviosys launched a three-piece rectangular can manufacturing line for luncheon meat packaging in Karacabey, Türkiye, backed by an investment of EUR 1.5 million.

Sonoco agreed to acquire food can, ends and closures maker Eviosys from KPS for about $3.9 billion, creating a global leader in metal food can and aerosol packaging. Sonoco expects over $100 million in synergies.