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Sonoco completes acquisition of Weidenhammer Packaging Group

2014-11-19 01:26:14| Industrial Machines - Topix.net

Sonoco , one of the largest diversified global packaging companies, announcesthat it has completed theacquisition of Weidenhammer Packaging Group , Europe's leading provider of composite cans along with composite drums and rigid plastic containers, for 286 million, or approximately $360million, in cash. According to M. Jack Sanders, Sonoco president and chief executive officer, "We are extremely excited to welcome Weidenhammer's leadership team and its 1,100 associates into the Sonoco family.

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