Sonoco Boosts Portfolio With the Completion of Eviosys Buyout
Acquisitions generally enhance growth potential; prior deals, like plastic acquisitions, showed positive results.
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Acquisitions generally enhance growth potential; prior deals, like plastic acquisitions, showed positive results.
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Sonoco completed acquisition of Eviosys for $3.9 billion. Eviosys adds $2.5 billion revenue potential to SON's portfolio. Deal expected to generate over $100 million in synergies. Eviosys strengthens SON's position in global metal packaging market. Integration will boost SON's adjusted earnings per share in 2025.
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