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Sonoco To Acquire Weidenhammer Packaging Group

2014-09-06 16:54:28| Paper - Topix.net

August 25, 2014 - Sonoco, one of the largest diversified global packaging companies, has announced that it has signed a definitive agreement to acquire Weidenhammer Packaging Group, Europe's leading provider of composite cans along with composite drums and rigid plastic containers, for 286 million, or approximately $383 million, in cash. The final consideration is subject to a normal adjustment of net working capital.

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