Sonoco Joins $2 billion race for Crown can unit

PERM Logo
Canned Water 4 Kids

Packaging maker Sonoco Products Co. is among bidders for Crown Holdings Inc.’s cans unit, which is expected to fetch more than $2 billion, according to people familiar with the matter. According to news outlet Bloomberg, other suitors include private equity firms KPS Capital Partners, Lone Star Funds, Onex Corp. and Platinum Equity, said the people, who asked not to be identified because…

Login or subscribe to read the full article

Subscribe Free Today

Get full access to the site and the latest industry news and insights delivered straight to your inbox – free. Canmaking News will keep you informed through our weekly news alerts.