Sunoco to acquire Clear Lam

摘要

Sonoco, one of the largest diversified global packaging companies, today announced it has signed a definitive agreement to acquire 100 percent of the stock of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic packaging films for approximately US$170 million in cash. The transaction is subject to normal regulatory review and is expected to close in Q3-2017.