Sonoco to Acquire Highland Packaging Solutions

HARTSVILLE, SC—Sonoco, one of the largest diversified global packaging companies, announced it has signed a definitive agreement to acquire Highland Packaging Solutions for approximately $150 million in cash. Highland is a privately owned producer of thermoformed plastic packaging for fresh produce and dairy products, based in Plant City, FL. The transaction is subject to normal … Continued

Flexography M&A: Building Value for Your Company’s Future

Merger and acquisition activity has become intense in recent years, especially for companies with strong flexographic capabilities. Our firm sells packaging and other plastics companies for a living. That is what we do, every day. And we have learned there is no single individual trait packaging and other plastics companies look for more commonly than … Continued

Sonoco to Acquire Clear Lam Packaging, Inc.

HARTSVILLE, SC—Sonoco, one of the largest diversified global packaging companies, today announced it has signed a definitive agreement to acquire 100 percent of the stock of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic packaging films, for approximately $170 million in cash. The transaction is subject to normal regulatory … Continued

Sonoco Announces Sonoco ClearGuard Flexible Packaging Portfolio

HARTSVILLE, SC—Sonoco, one of the largest diversified global packaging companies, has launched its Sonoco ClearGuard portfolio of flexible packaging, offering the transparency that builds trust with consumers while providing best in class barrier properties for product protection. Sonoco ClearGuard structures provide a clear alternative to aluminum foil or metallized films—an important differentiator in an age … Continued

Grafikontrol Celebrates Growth in 2016

MILAN, Italy—Grafikontrol has been a leader in the graphics sector for more than 40 years, always distinguishing itself by its commitment to the development of industrial control systems. All around the world in the publishing and converting markets, the company has seen a significant increase in turnover year over year, above all in the converting and packaging … Continued

Sonoco Acquires Plastic Packaging Inc.

HARTSVILLE, SC—Sonoco, one of the largest diversified global packaging companies, has acquired Plastic Packaging Inc. (PPI), a privately held Hickory, NC based flexible packaging company. Founded in 1957, PPI specializes in short run, customized flexible packaging for consumer brands in markets including: Food products (i.e. frozen foods, baked goods, seafood) Pet products (i.e. dry food, … Continued

Sonoco Announces Leadership Changes

HARTSVILLE, SC—Sonoco, one of the largest global diversified packaging companies, announced several interrelated senior management changes within its industrial business segments, according to Jack Sanders, president and chief executive officer. Senior Vice President of Global Industrial Products and Protective Solutions John Colyer is relinquishing his operations leadership to focus on treating a health issue. Colyer … Continued