Sonoco Products Co.NYSE
Aug. 25, 2014, 4:57 AM
- Sonoco Products (NYSE:SON) has agreed to purchase Germany's privately-held Weidenhammer Packaging for approximately $383M.
- The deal is expected to raise Sonoco's global packaging business to about $2.8B in annual sales, and be accretive to the company's 2015 base earnings in the range of $0.09 to $0.14 per share.
- Sonoco plans to fund the acquisition through a combination of existing cash and debt.
Oct. 10, 2011, 9:22 AM
Sonoco Products (SON) agrees to buy packaging maker Tegrant for $550M from P-E firm Metalmark. The deal will give Sonoco access to the faster-growing markets of medical devices, pharmaceuticals, and health and beauty products. (PR)| Oct. 10, 2011, 9:22 AM