Sonoco Products Company announces the sale of its Thermoformed and Flexibles Packaging business to TOPPAN Holdings for $1.8 billion. Sonoco Products Company has announced the sale of its ...

Sonoco has found a buyer for its Thermoformed and Flexibles Packaging business. Japan-based Toppan Holdings plans to acquire it for $1.8 billion on a cash-free and debt-free basis. The transaction ...

Sonoco Products Company (NYSE:SON) on Wednesday said it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (TFP) to TOPPAN Holdings for about $1.8 billion on a ...

Sonoco to sell Thermoformed & Flexibles Packaging business to TOPPAN for $1.8B, closing in H1 2025. Proceeds to repay debt, aligning with Sonoco's portfolio simplification and focused capital ...

HB Wealth Management LLC boosted its position in Sonoco Products (NYSE:SON – Free Report) by 10.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,198 shares of ...

The company has named Jerry Cheatham as interim chief financial officer as well as making several other executive appointments.

Sonoco completes strategic review, announces agreement to sell Thermoformed & Flexibles Packaging Business to Toppan Holdings: South C ...

PR Newswire • 3 days ago Sonoco Completes Strategic Review, Announces Agreement to Sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc. HARTSVILLE, S.C., Dec. 18 ...

No-moat-rated Sonoco announced on Dec. 18 that it will sell its thermoformed and flexible packaging, or TFP, business to TOPPAN Holdings for $1.8 billion. This is an expected move by Sonoco as the ...

Sonoco's TFP is a leading thermoformed and flexible packaging business serving a wide range of customers in food, retail, and medical verticals. TFP provides a variety of complex packaging to ...