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 ...

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

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 ...

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.

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 ...

In other recent news, Sonoco Products Company completed the sale of its Thermoformed and Flexibles Packaging business to TOPPAN Holdings Inc. for approximately $1.8 billion. This transaction is ...

We extend our best wishes for continued success to our approximately 4,500 former TFP teammates and their new Toppan team,” said Howard Coker ... of after-tax cash proceeds to reduce leverage. Sonoco ...

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 ...

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