Sonoco’s Strategic Move: Selling ThermoSafe Unit for Up to $725M Signals Focused Growth and Investor Opportunity
Sonoco Products Company is making a bold strategic pivot by divesting its ThermoSafe business unit to Arsenal Capital Partners in a deal valued at up to $725 million. This move marks a significant milestone in Sonoco’s ongoing transformation, positioning the company as a focused global leader in metal and fiber packaging — a sector ripe…