Sonoco acquires French firm Can Packaging

US packaging giant Sonoco has announced the acquisition of French firm Can Packaging for €41.7 million, thereby expanding its potential in the sustainable packaging market.  

Founded by George Sireix in 1989, Can Packaging operates two facilities for the production of paper cans for the European food industry along with a research and development centre where it designs and builds patented packaging machines. It is projected to generate sales of approximately €23 million in 2020.

Sonoco was already well known for its strategic actions to increase its portfolio of green and sustainable packaging, including the acquisition of Corenso Holdings America, a leading recycled cartonboard producer, for $110 million in August 2019.