Sonoco Products completed the acquisition of Ball Metalpack for $1.35bn.

Sonoco Products, a packaging products provider, completed the acquisition of Ball Metalpack, a supplier of sustainable metal packaging for food, for $1.35bn. “This acquisition fits our strategy of investing in Sonoco’s core businesses as it complements our largest Consumer Packaging franchise – our iconic global Paper Cans and Closures business. In addition, it further expands our already established sustainable packaging portfolio with metal packaging, which is the most recycled packaging substrate in the US,” Howard Coker, Sonoco Products CEO.