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Expands packaging portfolio in fresh produce and dairy for growing perimeter of the store.
April 13, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco announced it has completed the acquisition of Highland Packaging Solutions, a Plant City, FL-based manufacturer of thermoformed packaging for fresh fruits, vegetables and eggs found in the fast-growing perimeter of retail supermarkets. Sonoco acquired the privately-held Highland for approximately $150 million in cash. Highland’s financial results will be added to Sonoco’s Consumer Packaging segment, and the business will operate within the Company’s Global Plastics division. Owned...
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