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Expands fresh food packaging depth serving the growing perimeter of the store.
March 23, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco announced it has signed a definitive agreement to acquire Highland Packaging Solutions for approximately $150 million in cash. Highland is a privately-owned producer of thermoformed plastic packaging for fresh produce and dairy products, based in Plant City, FL. The transaction is subject to normal regulatory review and is expected to close in the second quarter of 2018. Owned by Steve Maxwell, CEO, and John Durham, along with select members of the company’s leadership team, Highland ...
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