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Sonoco Sells ThermoSafe Unit to Arsenal Capital for $725M - Charleston Business
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Sonoco sells ThermoSafe unit to Arsenal Capital for $725M - Columbia Business Report
Sonoco sells its ThermoSafe business unit to Arsenal Capital Partners. The deal is valued at up to $725 million, with $650 million paid at closing. ThermoSafe generated over $240 million in 2024 sales and $50 million EBITDA. Sale supports Sonoco’s strategy to streamline operations into core segments. South Carolina’s only homegrown Fortune 500 company has sold one of its business entities. Hartsville-headquartered Sonoco Products Co., a …
Sonoco sells ThermoSafe unit to Arsenal Capital for $725M - Charleston Business
Sonoco sells its ThermoSafe business unit to Arsenal Capital Partners. The deal is valued at up to $725 million, with $650 million paid at closing. ThermoSafe generated over $240 million in 2024 sales and $50 million EBITDA. Sale supports Sonoco’s strategy to streamline operations into core segments. South Carolina’s only homegrown Fortune 500 company has sold one of its business entities. Hartsville-headquartered Sonoco Products Co., a …
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