Sonoco buys Eviosys (2024)
Rival packaging maker Sonoco agreed to buy Eviosys for $3.9 billion, a direct replay of today's consolidation in the same metal-packaging sector.
The deal closed, showing regulators let metal-packaging combinations proceed.
It set a valuation benchmark for metal-food-container assets and signaled that scale was the route to serving global food brands.
The same motive and roughly the same price tag; it is the benchmark against which the Trivium deal will be judged.
