TOPPAN Holdings has finalised the acquisition of Sonoco Products Company’s Thermoformed and Flexibles packaging (TFP) business in the US for approximately $1.8bn, on a cash-free and debt-free basis.

Hartsville, South Carolina-based packaging producer Sonoco Products Co. has completed the sale of its thermoformed and flexibles packaging (TFP) business to Toppan Holdings Inc. for approximately $1.8 ...

Acquisition of Sonoco Products Company's Thermoformed & Flexibles Packaging business expands TOPPAN's global packaging presence and capabilities in sustainable solutions.

Proceeds Being Used to Reduce Approximately $1.5 Billion in DebtHARTSVILLE, S.C., April 01, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a core mid-cap ...

it reached an agreement to sell TFP to TOPPAN Holdings, Inc. for approximately $1.8 billion, marking another significant strategic move during the year. In the fourth quarter of 2024, Sonoco ...

Sonoco Products (SON) announced it has completed the sale of its Thermoformed and Flexibles Packaging business to TOPPAN Holdings for a ...

Proceeds Being Used to Reduce Approximately $1.5 Billion in DebtHARTSVILLE, S.C., April 01, 2025 (GLOBE NEWSWIRE) -- Sonoco Products ... business (“TFP”) to TOPPAN Holdings Inc. (“Toppan ...

Freshfields LLP acted as Sonoco’s legal advisor. Houlihan Lokey acted as lead financial advisor and Morrison & Foerster LLP acted as legal advisor to TOPPAN. Mitsubishi UFJ Morgan Stanley ...

HARTSVILLE, S.C., April 01, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a core mid-cap growth and value equity which is a global leader in ...