Article1 min read Apr 10, 2025Sonoco Completes $1.8 Billion Sale of Thermoformed and Flexibles Packaging Business to TOPPANSonoco Products Company today announced it has completed the sale of its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for a purchase price of approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.
