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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.
Sonoco acquired Can Packaging, which makes paper cans and packaging machines at two French facilities in Habsheim, for a transaction valued at EUR 41.7 million. The deal was announced on August 4, 2020.