Sonoco acquires Eviosys, a European metal packaging producer, from KPS Capital Partners for $3.9bn, creating a global metal food can and aerosol packaging leader.
Sonoco, a US packaging firm, acquires Eviosys, a European metal packaging producer, from KPS Capital Partners for $3.9bn. The deal combines the two companies, creating the leading metal food can and aerosol packaging manufacturer worldwide. Sonoco expects the acquisition to generate around $100m in synergies, with the deal subject to regulatory approval and customary closing conditions.
June 24, 2024
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