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06/2024100%

Eviosys acquired by Sonoco Products Company

SWITZERLAND Chemicals & Materials / Packaging & Containers / Metal Packaging EV $1–10bn

Context

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, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 5x–12x.

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Target

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.

Ent. Value

$1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2024
$1–10bn
$250–500M
[members only]
2023
$1–10bn
$250–500M
[members only]

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REFERENCES

Valuation range: EV $1–10bn

Revenue range: $1–10bn

EBITDA range: $250–500M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 5x - 12x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Eviosys by Sonoco Products Company are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

FAQ

What transaction does this page cover?

This page covers Sonoco Products Company’s acquisition of 100% of Eviosys, a Swiss company specialised in Packaging & Containers, in 2024.

How was the acquisition of Eviosys by Sonoco Products Company valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $1–10bn band, its EV/EBITDA multiple within the 5x - 12x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Eviosys’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Eviosys generated annual revenue estimated in the $1–10bn range and EBITDA in the $250–500M bracket (FY 2024). Detailed financial figures are available to members.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.