Sonoco Completes Sale of Thermoformed and Flexibles Packaging Business to TOPPAN Holdings, Inc.

Sonoco Completes Sale of Thermoformed and Flexibles Packaging Business to TOPPAN Holdings, Inc.

HARTSVILLE, S.C., April 01, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a core mid-cap growth and value equity which is a global leader in high-value sustainable packaging, today announced it has completed the sale…

Toppan completes Sonoco’s TFP business acquisition

Toppan Holdings has closed the acquisition of the thermoformed and flexible packaging business (TFP) of Sonoco Products Company, one of the global leaders in high-value sustainable packaging. This acquisition is highly complementary, combining the robust sales network, customer base, and technology development capabilities of Sonoco’s TFP business with the technical expertise and manufacturing capabilities of the Toppan Group’s global packaging …

TOPPAN Holdings Completes Sonoco TFP Acquisition

TOPPAN closed the acquisition of the Thermoformed & Flexibles Packaging business of Sonoco, a provider of high-value sustainable packaging.