FOLLOW US

  • facebook
  • twitter
Thu

March 5, 2026

America December 13, 2024

Sonoco’s $3.9B Acquisition of Eviosys Clears UK Antitrust Hurdle

America ı By Rihem Akkouche

246 0 Comments

Sonocos $3.9B probe end
Eviosys, formerly Crown Aerosols, is a major supplier of metal packaging, including cans for cat food, tuna, and promotional products. With 6,300 employees across 44 manufacturing sites in 17 countries, the company generated €2.41 billion ($2.5 billion) in revenue in 2023. Eviosys also operates a research and development center in Oxfordshire, U.K., along with seven manufacturing plants in the country. The acquisition integrates Eviosys into Sonoco’s consumer packaging division. The rebranding of Eviosys to the Sonoco name is set to unfold over the coming months.

Background of the Deal

Sonoco finalized its agreement to purchase Eviosys in June from private equity firm KPS Capital Partners and Crown Holdings, Inc., which retained a 20% stake in the company. The acquisition bolsters Sonoco’s offerings in food-grade and promotional metal packaging, aligning with its sustainable growth strategy. Crown Holdings, which initially sold the business to KPS Capital in 2021, announced it will receive approximately $300 million from the sale.

Legal Representation

The deal featured a prominent roster of legal advisors. Freshfields Bruckhaus Deringer LLP represented Sonoco, led by M&A partners Damien Zoubek, Jonathan Zhou, and Joshua Ayal. KPS Capital and Eviosys were advised by Paul Weiss Rifkind Wharton & Garrison LLP, with M&A partners Angelo Bonvino and Michael Vogel leading the team.

Conclusion

The CMA’s clearance removes a key regulatory hurdle for Sonoco’s $3.9 billion acquisition of Eviosys, paving the way for Sonoco to expand its global footprint. The transaction underscores the growing demand for sustainable and innovative packaging solutions in consumer markets worldwide.

Previous Article

McKinsey to pay $650M in federal opioid probe

Read More
3996 Posts

Rihem Akkouche

Rihem Akkouche is a passionate journalist dedicated to shedding light on compelling stories, sparking conversations, and fostering a more informed world.

Don’t Miss It
Arizona December 12, 2024
Arizona Bar Opens Investigation on Attorney Aaron Kelly
By – Paul O'Neal
America March 01, 2026
Iran Leadership Agrees to Talks After Strikes Rock Tehran
By – Rachel Moore
America March 01, 2026
March 3 Total Lunar Eclipse to Dazzle Skies Before Long Hiatus
By – Rachel Moore
See More
Arizona January 11, 2025
Kelly Warner Law Firm Blames USA Herald for Arizona Bar Investigation

4/18/17 The Washington Post exposes another questionable Kelly Warner filing that involves former NFL Cheerleader Megan Welter: https://www.washingtonpost.com/news/volokh-conspiracy/wp/2017/04/18/another-trick-to-try-to-get-mainstream-media-articles-deindexed-by-google/?utm_term=.22e9e1615271 4/20/17 The USA…

By – USA Herald
Arizona January 4, 2025
Aaron Kelly Law Firm Resorts To Attacking Former Client Again On KellyWarnerLaw.com – Pattern Recognized

In the affidavit, which was apparently signed by “Barri Grossman,” Grossman admits to all liability for the posting and absolved…

By – Jeff Watterson
Arizona December 12, 2024
Arizona Bar Opens Investigation on Attorney Aaron Kelly

  Volokh, as part of his investigative work, had a private investigator research the defendants in some of theallegedly fraudulent…

By – Paul O'Neal
America March 5, 2026
Cable Trade Group Challenges Copyright Office Rule Over Retransmission Royalty Calculations

The complaint cites standard accounting principles that require discounts on bundled services to be allocated proportionally among each component. For…

By – Tyler Brooks
America March 5, 2026
Gamers Revamp $7.85M PlayStation Antitrust Deal In Third Push For Court Approval

The case centers on allegations that Sony violated antitrust laws by restricting retailers from selling download codes for PlayStation digital…

By – Ahmed Boughalleb
America March 5, 2026
Backlash Builds As OpenAI Signs US Military Deal, Fueling ‘Cancel ChatGPT’ Movement

  Anthropic had reportedly sought contractual limits preventing its AI systems from being used for mass surveillance or lethal autonomous…

By – Tyler Brooks
America March 5, 2026
Florida Court Asked To Enforce $5M London Arbitration Award In Fintech Loan Dispute

A Finstar Financial Group affiliate is seeking to enforce a multimillion-dollar London arbitration award in federal court in Florida, targeting…

By – Ahmed Boughalleb
Business March 5, 2026
Small Wine Importer Wins Supreme Court Fight Against Trump’s Tariffs — What This Means for Other Businesses

Tariff Turmoil Schwartz founded VOS Selections nearly 40 years ago, driven by a simple idea: import wines and spirits from…

By – Rochdi Rais
America March 1, 2026
Iran Leadership Agrees to Talks After Strikes Rock Tehran

“Ahead of Schedule,” Trump Says In separate interviews Sunday, Trump told Fox News White House correspondent Jacqui Heinrich that 48…

By – Rachel Moore
America March 5, 2026
Cable Trade Group Challenges Copyright Office Rule Over Retransmission Royalty Calculations

The complaint cites standard accounting principles that require discounts on bundled services to be allocated proportionally among each component. For…

By – Tyler Brooks
America March 5, 2026
Gamers Revamp $7.85M PlayStation Antitrust Deal In Third Push For Court Approval

The case centers on allegations that Sony violated antitrust laws by restricting retailers from selling download codes for PlayStation digital…

By – Ahmed Boughalleb
America March 5, 2026
Backlash Builds As OpenAI Signs US Military Deal, Fueling ‘Cancel ChatGPT’ Movement

  Anthropic had reportedly sought contractual limits preventing its AI systems from being used for mass surveillance or lethal autonomous…

By – Tyler Brooks
America March 5, 2026
Florida Court Asked To Enforce $5M London Arbitration Award In Fintech Loan Dispute

A Finstar Financial Group affiliate is seeking to enforce a multimillion-dollar London arbitration award in federal court in Florida, targeting…

By – Ahmed Boughalleb
America March 1, 2026
Iran Leadership Agrees to Talks After Strikes Rock Tehran

“Ahead of Schedule,” Trump Says In separate interviews Sunday, Trump told Fox News White House correspondent Jacqui Heinrich that 48…

By – Rachel Moore
America March 1, 2026
New Forensic Analysis Reopens Questions About 3I/ATLAS X-Ray Signature

A routine comet exhibiting minor solar wind variability? A chemically unusual interstellar object? Or an example of observational interpretation lag…

By – Samuel Lopez
America March 5, 2026
Cable Trade Group Challenges Copyright Office Rule Over Retransmission Royalty Calculations

The complaint cites standard accounting principles that require discounts on bundled services to be allocated proportionally among each component. For…

By – Tyler Brooks
America March 5, 2026
Gamers Revamp $7.85M PlayStation Antitrust Deal In Third Push For Court Approval

The case centers on allegations that Sony violated antitrust laws by restricting retailers from selling download codes for PlayStation digital…

By – Ahmed Boughalleb
America March 5, 2026
Backlash Builds As OpenAI Signs US Military Deal, Fueling ‘Cancel ChatGPT’ Movement

  Anthropic had reportedly sought contractual limits preventing its AI systems from being used for mass surveillance or lethal autonomous…

By – Tyler Brooks
America March 5, 2026
Florida Court Asked To Enforce $5M London Arbitration Award In Fintech Loan Dispute

A Finstar Financial Group affiliate is seeking to enforce a multimillion-dollar London arbitration award in federal court in Florida, targeting…

By – Ahmed Boughalleb
America March 1, 2026
Iran Leadership Agrees to Talks After Strikes Rock Tehran

“Ahead of Schedule,” Trump Says In separate interviews Sunday, Trump told Fox News White House correspondent Jacqui Heinrich that 48…

By – Rachel Moore
America March 1, 2026
New Forensic Analysis Reopens Questions About 3I/ATLAS X-Ray Signature

A routine comet exhibiting minor solar wind variability? A chemically unusual interstellar object? Or an example of observational interpretation lag…

By – Samuel Lopez
America March 1, 2026
NASA Pushes Lunar Return to 2028 Amid Artemis Program Timeline Revision

The revised Artemis III flight will serve primarily as a systems verification mission, testing docking procedures and integration capabilities with…

By – Ahmed Boughalleb
America February 28, 2026
U.S. And Israel Launch Major Strikes On Iran — What It Means For America

A World on Edge The strikes have stirred bipartisan debate in Washington, with some lawmakers praising decisive action and others warning…

By – Samuel Lopez
America February 26, 2026
U.S. Court of Appeals for the Ninth Circuit Overturns $8M Asbestos Verdict Against BNSF Railway Co.

Writing for the panel, U.S. Circuit Judge Morgan B. Christen concluded that BNSF’s actions fell squarely within that exception. Federal…

By – Tyler Brooks
America February 25, 2026
Missing DNA Evidence May Limit Investigation Into Nancy Guthrie Case, Sources Suggest

As the investigation enters its fourth week, authorities have not publicly identified any suspect or person of interest. Law enforcement…

By – Ahmed Boughalleb
America February 24, 2026
Grand Theft Auto 6 Targets November 2026 Launch as Price Leak Fuels $100 Debate

Rockstar’s parent company, Take-Two Interactive, has not issued formal confirmation regarding final pricing. A Billion-Dollar Production Reports suggest GTA 6…

By – Ahmed Boughalleb
America February 23, 2026
40 Million Under Blizzard Warnings as Major Winter Storm Threatens U.S. East Coast

Weather experts said the storm is notable because of its scale across densely populated regions. Cody Snell, a meteorologist with…

By – Tyler Brooks
America March 5, 2026
Cable Trade Group Challenges Copyright Office Rule Over Retransmission Royalty Calculations

The complaint cites standard accounting principles that require discounts on bundled services to be allocated proportionally among each component. For…

By – Tyler Brooks
America March 5, 2026
Backlash Builds As OpenAI Signs US Military Deal, Fueling ‘Cancel ChatGPT’ Movement

  Anthropic had reportedly sought contractual limits preventing its AI systems from being used for mass surveillance or lethal autonomous…

By – Tyler Brooks
America March 5, 2026
Florida Court Asked To Enforce $5M London Arbitration Award In Fintech Loan Dispute

A Finstar Financial Group affiliate is seeking to enforce a multimillion-dollar London arbitration award in federal court in Florida, targeting…

By – Ahmed Boughalleb
Business March 5, 2026
Small Wine Importer Wins Supreme Court Fight Against Trump’s Tariffs — What This Means for Other Businesses

Tariff Turmoil Schwartz founded VOS Selections nearly 40 years ago, driven by a simple idea: import wines and spirits from…

By – Rochdi Rais
America March 1, 2026
Iran Leadership Agrees to Talks After Strikes Rock Tehran

“Ahead of Schedule,” Trump Says In separate interviews Sunday, Trump told Fox News White House correspondent Jacqui Heinrich that 48…

By – Rachel Moore
America March 1, 2026
March 3 Total Lunar Eclipse to Dazzle Skies Before Long Hiatus

Total lunar eclipse: The entire moon enters the umbra, creating the dramatic red transformation. Partial lunar eclipse: Only part of…

By – Rachel Moore
America March 1, 2026
FDA Announces Recall of Rhino Choco VIP 10X Supplement After Undeclared Erectile Dysfunction Drug Found in Chocolate Product

Individuals with diabetes, heart disease, high cholesterol or high blood pressure are particularly vulnerable, as many patients in these groups…

By – Ahmed Boughalleb
America February 21, 2026
When The Files Are Finally Unsealed The Most Mind-Bending Truth May Not Be What We Expect

[USA HERALD] – There is a widespread assumption that if governments release their most highly classified files related to unidentified…

By – Samuel Lopez
America February 17, 2026
Civil Rights Icon Rev. Jesse Jackson Dies at 84 As President Trump Issues Personal Tribute

From Civil Rights Marches to Presidential Campaigns Jackson was not merely a witness to history — he sought to shape…

By – Samuel Lopez
America February 13, 2026
Clues to Savannah Guthrie Missing Mom’s Disappearance Found on Security System

Savannah Guthrie Questions New Security System Footage The footage captured by the home’s “Security System” has become a focal point…

By – Jackie Allen
America February 8, 2026
Mike Tyson Urges Americans to ‘Eat Real Food’ in Emotional Super Bowl Ad Highlighting Health Risks

Boxing legend Mike Tyson is using his platform ahead of Super Bowl 60 to address a personal and national health…

By – Tyler Brooks
America February 7, 2026
Deadly “Death Cap” Mushrooms in California Cause Multiple Deaths and Liver Transplants Amid Rare Super Bloom

California health officials are warning the public after four deaths and three liver transplants linked to the highly toxic death…

By – Ahmed Boughalleb
America March 1, 2026
Cadillac Names Inaugural Formula 1 Car MAC-26 in Tribute to Mario Andretti Ahead of 2026 Australian Grand Prix Debut

Team CEO Dan Towriss described the MAC-26 name as a reflection of Andretti’s pioneering spirit and the broader belief that…

By – Ahmed Boughalleb
America February 20, 2026
Norway Tops Medal Table After Day 13 at 2026 Winter Olympics as Team USA Surges Into Second Place

Upcoming Medal Events Medal competition continues Friday, February 20, with several key finals scheduled. Events awarding medals include: Women’s ski…

By – Ahmed Boughalleb
America February 16, 2026
Olympic Villages Run Out of Condoms at 2026 Milan-Cortina Games

Condom supplies in the Olympic Villages at the 2026 Winter Games have been temporarily depleted, the Milan-Cortina organizing committee confirmed,…

By – Tyler Brooks
America February 12, 2026
Arizona Authorities Escalate Search for Savannah Guthrie’s Mom to a Criminal Investigation

No other caregivers or family members are missing, and authorities say the family has been fully cooperative throughout the investigation.…

By – Jackie Allen
America February 10, 2026
What is Aegosexuality?

An aegosexual person might enjoy sexual thoughts, fantasies, or erotic material — but without imagining themselves as an active participant.…

By – Jackie Allen

No posts found.

No posts found.

No comments No comments yet. Be the first to comment!

Signup for the USA Herald
exclusive Newsletter