Halifax Group-backed Prairie Industries completed the acquisition of Europe contract packaging business of Sonoco for $120m.

Halifax Group-backed Prairie Industries, a Wisconsin-based contract packaging and contract manufacturing firm, completed the acquisition of Europe contract packaging business of Sonoco, a global packaging company, for $120m. “Since opening our Europe contract packaging business with a single customer 20 years ago, we have built this business to serve some of the best known global consumer product brands supplying consumers in more than 40 countries in Europe, the Middle East, Africa and Asia. I want to thank our dedicated management team and employees in our contract packaging operations in Poland for their contributions to Sonoco and wish them the best as part of the Halifax family of companies,” Howard Coker, Sonoco President and Chief Executive Officer.