According to Harris E. DeLoach, Jr., Sonoco chairman and chief executive officer, the acquisition of Tegrant from Metalmark Capital for $550 million has created a North American leader in multi-material protective packaging with more than 40 years of industry.
Sonoco, one of the largest diversified global packaging companies, has agreed to handle European packaging requirements for Henkel's consumer adhesive products from Sonoco's service center in Wroclaw, Poland.
Greif Bros. Corp. (Delaware, OH) has signed an agreement to acquire KMI Continental Fibre Drum, Inc., Fibro Tambor, and Sonoco Plastic Drum, Inc., all wholly owned subsidiaries of Sonoco Products Co.
Sonoco Products Co. (Hartsville, SC) has expanded into Brazil by joining forces with For-Plas (Araras, Brazil), a supplier of peel-off metal ends and plastic components, to form Sonoco For-Plas.
Sonoco Products Co. (Hartsville, SC) will diversify its consumer packaging offerings with the purchase of The Specialty Packaging Group, Inc. (Wausau, WI).
Sonoco Products Co. (Hartsville, SC) has teamed up with Biederman Enterprises Inc. (Toronto, Ontario, Canada) to provide plastic grease cartridges to the North American market.
Sonoco Products Co. (Hartsville, SC) and Shanghai Hongwen Paper Mill Co., Ltd. (Shanghai, China) signed a formal joint venture agreement to form a new company called Sonoco Hongwen Paper Co., Ltd.
Sonoco Envases S.A. de C.V., the Mexico-based subsidiary of Sonoco Products Co. (Hartsville, SC) has purchased Sermart's (Mexico City, Mexico) composite canister business.