Sonoco has entered into a definitive agreement to acquire Eviosys from KPS Capital Partners. This landmark transaction establishes Sonoco as the global leader in metal food can and aerosol packaging, combining Eviosys’s dominant EMEA footprint with Sonoco’s leading position in the United States. The strategic rationale is built on creating a global $25 billion total addressable market platform with unparalleled innovation and sustainability capabilities. Sonoco expects to achieve over $100 million in annual synergies within 24 months through procurement savings, supply chain optimization, and manufacturing footprint alignment. The transaction is expected to be immediately accretive to Adjusted EPS, marking a pivotal milestone in Sonoco’s portfolio transformation strategy.

Eviosys is the leading manufacturer of metal packaging in the EMEA region, specializing in food cans and ends, aerosol cans, metal closures, and promotional packaging. Serving hundreds of iconic consumer brands, the company operates a massive industrial footprint with 44 manufacturing facilities across 17 countries. Its business model is centered on sustainability and innovation, preserving products through highly recyclable metal formats. Formerly the EMEA food and consumer packaging division of Crown Holdings, Eviosys was transformed under KPS Capital Partners into a standalone operational powerhouse, becoming a critical partner in the global food and beauty supply chains, providing high-quality, eco-friendly packaging solutions that support the circular economy.