RTS Packaging

Announcements · 3

Sep 8, 2023ACQUISITIONChattanooga, Tennessee, United States$330.0M
Sonoco completes $330M acquisition of RTS Packaging stake and WestRock Chattanooga mill
Sonoco completed its acquisition of the remaining equity in RTS Packaging from joint venture partner WestRock, along with a WestRock paper mill in Chattanooga, Tennessee, for $330 million. The deal adds 15 operations and 1,100 employees.
Sonoco acquirer WestRock partner RTS Packaging target investor.sonoco.com packagingdive.com
Nov 9, 2022ACQUISITIONChattanooga, Tennessee, United States$330.0M1,100 jobs
Sonoco to acquire WestRock's remaining 65% stake in RTS Packaging for $330M
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 Products acquirer WestRock partner RTS Packaging target #Packaging investor.sonoco.com industryintel.com
Sep 11, 2022ACQUISITIONChattanooga, Tennessee, United States$330.0M
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 Products acquirer WestRock partner RTS Packaging target #Packaging moneycontroller.co.uk

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