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Expands company’s sustainable paperboard and core converting operations.
May 21, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco announced it has signed a definitive agreement to acquire Corenso Holdings America, Inc. from a company owned by investment funds advised by Madison Dearborn Partners, LLC and management for approximately $110 million in cash. Corenso Holdings America (CHA) is a leading US manufacturer of uncoated recycled paperboard (URB) and high-performance cores used in the paper, packaging films, tape, and specialty industries. The transaction is subject to normal regulatory review and is expected to...
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