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With this acquisition, Sonoco adds a network of 15 operations and 1,100 employees in the U.S., Mexico, and South America.
September 11, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco Products Company announced the completion of its acquisition of the remaining equity interest in RTS Packaging, LLC (RTS) from joint venture partner WestRock and one WestRock paper mill in Chattanooga, TN. The acquisition, originally announced on Nov. 9, 2022, will further strengthen and expand Sonoco’s 100% recycled fiber-based packaging solutions to serve growing consumer wine, spirits, food, beauty and healthcare markets. Prior to closing the transaction, Sonoco was a 35% owner in t...
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