Sonoco Products Co acquires Eviosys Packaging
Sonoco Products Co (NYSE: SON), the US based manufacturer of industrial and consumer packaging products, agreed to acquire Eviosys, a European manufacturer of sustainable metal packaging solutions from the private equity firm KPS Capital Partners for a consideration of approx. USD 3.9 billion. The acquisition is expected to be completed by the end of 2024, subject to customary closing conditions including regulatory approvals.
Lenz & Staehelin is advising Sonoco in this transaction as Swiss counsel. The team was led by Matthias Wolf (M&A) and included Raphael Fries and Michael Krähenbühl (both M&A), Simona Baselgia (IP), Elena Nauer and Helin Dalla Palma (Employment), Cécile Christen (Real Estate) and Vivienne Madders (Banking & Finance).
Published: 24 June 2024
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M&AM&AMichael KrähenbühlM&AM&AM&AEmploymentReal Estate
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