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 ...
TOPPAN Holdings has reached an agreement to acquire Sonoco Products Company’s Thermoformed & Flexible Packaging (TFP) business in the US for $1.8bn on a cash-free and debt-free basis.
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 ...
SON), a global leader in high-value sustainable packaging, today announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings ...