Written on: December 4, 2024 by SprayTM
Sonoco Products Company announced it completed its acquisition of Eviosys, a European metal packaging manufacturer, from KPS Capital Partners, LP. The combination creates a global aerosol can and metal food manufacturer.
Following the integration process, Eviosys will transition to the Sonoco brand over the coming months and will operate under Sonoco’s Consumer Packaging segment. The business will continue to be led by Tomás López, CEO of Eviosys. This continuity in leadership will help maintain the trusted service that Eviosys’ customers rely on, said the company, adding that the integration of Eviosys into Sonoco will allow the combined entity to serve its valued customers with a renewed focus on excellence and innovation.
“Being part of Sonoco will allow us to extend our innovative packaging solutions and world-class manufacturing quality to a broader market,” said López.
“We remain dedicated to our customers’ success and are excited to build on this foundation as we continue striving for excellence”.
Howard Coker, President & CEO of Sonoco, added, “We are excited to begin executing our integration plans and welcome the incredibly talented team at Eviosys.
“We see new and significant opportunities to unlock additional capabilities and end-markets in this larger, scaled business and look forward to investing in our combined product platform as we meet the growing demand for innovative solutions from our customers,” Coker concluded.
