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Sonoco Products Company finalizes acquisition of ThermoSafe
Sonoco Products Company has finalized the sale of its ThermoSafe business unit to Arsenal Capital Partners for up to $725 million, with $650 million paid at closing and the potential for an additional $75 million contingent on 2025 performance metrics. This marks a significant milestone in Sonoco’s ongoing portfolio transformation. By offloading ThermoSafe, the company […] The post Sonoco Products Company finalizes acquisition of ThermoSafe appeared first on FreightWaves. Nov 12, 2025 - $SON
Sonoco Consolidating Consumer Packaging Businesses Under Two Geographies
New Senior Leadership Announced for EMEA/APAC and Americas Seán Cairns President, Consumer Packaging, EMEA/APAC Ernest Haynes President, Consumer Packaging, Americas HARTSVLLE, S.C., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it is consolidating its Metal Packaging and Rigid Paper Containers businesses under one structure based on two geographies – Consumer Packaging EMEA/ Nov 10, 2025 - $SON
Sonoco Completes Sale of ThermoSafe Unit to Arsenal Capital Partners
HARTSVILLE, S.C., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it has completed the sale of its ThermoSafe business unit (“ThermoSafe”), one of the leading providers of temperature assurance technologies, to Arsenal Capital Partners (“Arsenal”), a leading private equity investment firm that specializes in building market-leading industrial growth and healthcare companies, fo Nov 3, 2025 - $SON
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