Sonoco Acquires Ball Metalpack from Platinum Equity and Ball Corporation for $1.35 Billion

Ball Corporation to Acquire 80% Majority Stake in Benepack’s European Beverage Can Operations

December 10, 2025

Manufacturing

Ball Corporation has entered into definitive agreements to acquire an 80% majority stake in Benepack’s beverage can manufacturing businesses in Europe. The deal covers two production facilities—one in Belgium and one in Hungary—with an estimated total cost of approximately €184 million, while Benepack’s existing shareholders will retain the remaining 20%.

Platinum Equity Acquires Multi-Color Corporation

July 1, 2019

Packaging

An affiliate of Platinum Equity has completed the acquisition of Multi-Color Corporation, taking the Cincinnati-based label and packaging solutions provider private. The deal merges Multi-Color with a subsidiary of Platinum portfolio company WS Packaging to create a combined business with roughly $2.2 billion in annual revenue, 86 plants across 26 countries and over 10,000 employees.

Sonoco Acquires Eviosys from KPS for $3.9 Billion

June 26, 2024

Packaging

Sonoco Products Company has agreed to acquire Eviosys, a leading European metal-packaging manufacturer, from KPS Capital Partners for approximately $3.9 billion. The deal, which also involves Crown Holdings selling its remaining ~20% stake, creates a global leader in metal food can and aerosol packaging and is intended to scale Sonoco’s core metal packaging platform and capture operational synergies.

Placon Acquires Former Sonoco Packaging Facility in Wilson, North Carolina

October 14, 2021

Packaging

Placon acquired substantially all operating equipment of a former Sonoco thermoforming packaging operation in Wilson, North Carolina and will hire more than 80 employees at the 112,000 sq. ft. site. The move immediately expands Placon's production capacity and Southeast footprint to serve growing demand from retail, food and medical customers.

B2B Industrial Packaging (GenNx360 Portfolio) Acquires Miller-Bevco

February 28, 2022

Packaging

GenNx360 Capital Partners’ portfolio company, B2B Industrial Packaging, acquired Miller-Bevco, a Shawnee, Kansas-based packaging solutions provider, effective February 1, 2022. The deal is B2B’s ninth add-on since GenNx360’s October 2020 investment and is intended to expand B2B’s product, service and geographic reach for packaging customers across the U.S.

Mill Rock Packaging Partners Acquires All Packaging Company

February 22, 2021

Packaging

Mill Rock Packaging Partners, the specialty packaging platform backed by Mill Rock Capital, has acquired All Packaging Company, a paperboard folding carton manufacturer based in Aurora, Colorado. The acquisition (terms undisclosed) expands Mill Rock Packaging's Western U.S. footprint and capabilities across design, printing and converting while All Packaging's president Kenneth Pepper and senior management retain ownership stakes and will continue to lead the business.