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Terms were not disclosed.
March 11, 2015
By: Catherine Diamon
Director, Executive Internal Communications, GAF
Sonoco, one of the largest diversified global packaging companies, has announced the signing of a definitive agreement to acquire a majority interest in Graffo Paranaense de Embalagens S/A (Graffo), a closely held flexible packaging business located in Pinhais, Curitiba, Brazil. Terms were not disclosed, and the transaction is expected to close in the second quarter of 2015. Founded in 2001, Graffo had sales of approximately $35 million USD in 2014. It operates high-quality rotogravure printi...
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