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ThermoSafe Sale completes company’s transformation into a global metal and fiber packaging leader.
September 10, 2025
By: David Savastano
Editor
Sonoco Products Company has signed a definitive agreement to sell its ThermoSafe business unit, a leading provider of temperature-assured packaging, to Arsenal Capital Partners, a leading private equity investment firm that specializes in building market-leading industrial growth and healthcare companies. The total purchase price is up to $725 million. The purchase price consists of $650 million on a cash-free and debt-free basis payable at closing, and additional consideration of up to $75 m...
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