Sonoco announces the acquisition of Eviosys

Packaging Solutions

Eviosys, one of Europe’s leading manufacturers of food cans, ends, and closures, has announced its acquisition by Sonoco, a global leader in sustainable packaging. This strategic move marks a significant milestone for both companies, combining their strengths to enhance service and innovation in the metal packaging industry. The transaction, valued at approximately $3.9 billion, is expected to close by the end of 2024.

The combination of Eviosys and Sonoco will create a world leading metal food can and aerosol packaging manufacturer. Customers will benefit from an expanded global footprint and enhanced capabilities, ensuring the highest levels of service and product availability. Their combined product portfolios will provide brands with access to the broadest range of innovative packaging solutions, catering to every consumption occasion and meeting the needs of all consumers.

Both Eviosys and Sonoco share a deep commitment to quality, innovation, and sustainability. Customers can expect continued excellence in product offerings and a strong focus on developing cutting edge packaging solutions that meet evolving needs.

Tomás López, CEO of Eviosys, will continue to lead Sonoco’s EMEA metal packaging business, ensuring a seamless transition and continuity in leadership. His ongoing involvement will help maintain the strong relationships and service standards our customers have come to expect.

Howard Coker, president and CEO of Sonoco, expressed his enthusiasm for the acquisition, stating: ‘The acquisition of Eviosys establishes our global leadership in metal food can and aerosol packaging, marking an exciting milestone in our strategy to enhance our core metal packaging platform. We are committed to building on Eviosys’ strong foundation and delivering superior value to our customers.’

Tomás López added, ‘By joining forces with Sonoco, we will bring our high quality, sustainable, and innovative packaging solutions to a broader market. Our shared values and commitment to customer service will drive the success of this acquisition, and I look forward to continuing to lead our dedicated team in this new chapter.’