U.S. COMPANY FILING
SONOCO PRODUCTS CO — Form 8-K filed 2025-09-08
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Sonoco Products announced on September 8, 2025, that it has entered into a Share and Asset Purchase Agreement with Arctic US Bidco to sell its ThermoSafe business for up to $725 million, comprising $650 million cash-free/debt-free at closing plus up to $75 million contingent on 2025 performance. The transaction is expected to close by end of 2025, subject to regulatory approvals. Proceeds will support portfolio simplification and capital investments.
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