CHARLOTTE, NC–Sealed Air Corp, a long-standing, multi-location Flexographic Technical association printer member and global provider of food and protective packaging solutions, has entered into a definitive agreement to be acquired by  CD&R, a leading private investment firm.

An all-cash transaction is planned with the enterprise value set at $10.3 billion.

The company’s most recognizable product line, CRYOVAC, has empowered processors, retailers, foodservice operators, and brand owners to drive efficiency and enhance food safety across the supply chain while extending shelf life. for 75 years CRYOVAC offers a diverse array of food packaging solutions, from vacuum shrink bags and automated systems tailored for primal cuts to award-winning sustainable options for retail-ready meats.  

Three plants—Iowa Park, TX; Simpsonville, SC; and Brampton, ON, Canada—have been FTA members since 1988.

Under the terms of the acquisition agreement, Sealed Air stockholders will receive $42.15 in cash per share. This represents a premium of 41 percent to Sealed Air’s unaffected stock price as of Aug. 14, 2025 and a premium of 24 percent to Sealed Air’s 90-day volume weighted average price as of Nov. 12, 2025.

“After careful review of strategic alternatives over the past year, the board is confident that this transaction delivers significant value and is in the best interests of our stockholders and the company,” said Henry R. Keizer, chairman, Sealed Air. “Furthermore, this transaction represents a realization of immediate and certain value for Sealed Air stockholders at a substantial premium and enables the company to execute its long-term strategic vision.”

“Today marks an inflection point in Sealed Air’s history and we look forward to embarking on this next phase of growth in partnership with CD&R,” said Dustin Semach, president & CEO. “This transaction delivers significant and derisked value to Sealed Air stockholders while accelerating our ongoing transformation. CD&R’s partnership will enhance our ability to invest in growing our food and protective businesses while maintaining a customer-first approach. Through more rapid innovation, expanded capabilities and broader reach, we will create more value for our customers and more opportunities for our employees.”

“Sealed Air is an exceptional global business with a talented leadership team, leading franchises and attractive underlying fundamentals,” said Rob Volpe, partner at CD&R. “The company has a strong foundation in its industry leadership, committed employee base, deep customer and supplier relationships, differentiated product portfolio and demonstrated operating capability. We are committed to supporting Sealed Air’s continued investment in its people, assets, and product portfolio. We have great respect for Sealed Air’s senior leadership team and look forward to partnering with them.”

Sealed Air has 105 manufacturing facilities located in 105 distinct countries/territories. Employees number 16,400. Net sales in 2024 tallied to $5.4 billion.