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Sonoco Completes Acquisition of Eviosys

Sonoco Completes Acquisition of Eviosys

Creates a Global Leader in Metal Food and Aerosol Can Manufacturing Advances Sonoco’s Portfolio Transformation Strategy HARTSVILLE, S.C., Dec. 04, 2024 (Korea Bizwire) – Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced the close of its acquisition of Eviosys, Europe’s leading food cans, ends and [...]

Sonoco Declares Regular Quarterly Common Stock Dividend

Sonoco Declares Regular Quarterly Common Stock Dividend

HARTSVILLE, S.C., Oct. 15, 2024 (Korea Bizwire) – The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on December 10, 2024, to shareholders of record as of November 8, 2024. According to Howard Coker, President and Chief Executive Officer, this is the [...]

Sonoco to Acquire Eviosys, Creating The World’s Leading Metal Food Can and Aerosol Packaging Platform

Sonoco to Acquire Eviosys, Creating The World’s Leading Metal Food Can and Aerosol Packaging Platform

Advances Sonoco’s Shareholder Value Creation Strategy Through Disciplined and High Return Capital Investment Transaction Value of Approximately $3.9 Billion Represents a Multiple of 7.3x 2024 Expected Adjusted EBITDA Including Synergies Rodger Fuller, Chief Operating Officer, to Lead Integration; Expect to Achieve Over $100 Million of Synergies Within 24 Months Acquisition Expected to be Immediately Accretive [...]