M. Jack Sanders, Sonoco president and chief executive officer says, "We are extremely excited to welcome Weidenhammer's leadership team and its 1,100 associates into the Sonoco family. The acquisition creates a global leader in rigid paper packaging and is expected to
increase Sonoco's combined global consumer-related packaging and services business to approximately $2.8 billion in annual sales or approximately 53% of the Company's combined revenue of approximately $5.4 billion. In addition, the combination is expected to increase Sonoco's net sales in Europe to approximately 21% of total sales."
Headquartered in Hockenheim, Germany, Weidenhammer has approximately 1,100 employees and operates 13 production facilities, including five in Germany, along with individual plants in Belgium, France, Greece, The Netherlands, United Kingdom, United States, Chile and Russia.
In addition to producing composite cans, drums, and luxury tubes, WPG produces unique rigid plastic containers using state-of-the-art thin-walled injection molding technology with modern in-mold labeling.
Markets served by the company include processed foods, powdered beverages, tobacco, confectionery, personal care, pet food, pharmaceuticals and home and garden products.