Originally published at: Sonoco Products Company finalizes acquisition of ThermoSafe - FreightWaves
Sonoco Products Company has finalized the sale of its ThermoSafe business unit to Arsenal Capital Partners for up to $725 million, with $650 million paid at closing and the potential for an additional $75 million contingent on 2025 performance metrics. This marks a significant milestone in Sonoco’s ongoing portfolio transformation. By offloading ThermoSafe, the company…