05 Aug 2020 --- Sonoco Europe has acquired Can Packaging, a France-headquartered cardboard packaging company for €41.7 million (US$49.3 million). Can Packaging adds a more recyclable, mono-material packaging solution with barrier properties to Sonoco’s portfolio by way of its Greencan solution. Moreover, the acquisition enables Sonoco to incorporate Can Packaging’s reduced carbon footprint machine technology into its operation and facilitate growth in new markets.
