SON
Sonoco Products Co.NYSE
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  • 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.
    | Aug. 25, 2014, 4:57 AM
  • 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