Sonoco Completes Sale of ThermoSafe Unit, Shifts Focus to Core Packaging
November 04, 2025
November 04, 2025
WASHINGTON, Nov. 4 -- Sonoco Products Co., Hartsville, South Carolina, announced on Nov. 3, 2025, that it has completed the sale of its ThermoSafe business unit to Arsenal Capital Partners, New York. The transaction, valued at up to $725 million, represents a key step in Sonoco's effort to streamline its business operations.
The purchase price includes an initial payment of $650 million payable at closing, with an additional consideration of up to $75 million contingent on Ther . . .
The purchase price includes an initial payment of $650 million payable at closing, with an additional consideration of up to $75 million contingent on Ther . . .