---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-074118"
form_type: "8-K"
ticker: "SON"
cik: "0000091767"
company_name: "SONOCO PRODUCTS CO"
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:40:13.493174+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Sonoco to acquire Eviosys for $3.9B, creating global metal food can leader

## Summary
- Purchase price ~$3.9B (€3.615B) on cash-free, debt-free basis; 7.3x 2024 expected adj. EBITDA incl. synergies.
- Eviosys 2024E revenue ~$2.5B, adj. EBITDA ~$430M; over $100M in synergies targeted within 24 months.
- Deal expected to close by end of 2024 subject to works council consultations and regulatory approvals.
- Sonoco plans to divest ThermoSafe and others for at least $1B to fund deleveraging; net leverage target below 3.0x within 24 months.
- Transaction immediately accretive to adj. EPS; over 25% accretive to 2025 expected adj. EPS; KPS to invest up to $200M.

## SEC filing metadata
- accession: 0001104659-24-074118
- form_type: 8-K
- ticker: SON
- cik: 0000091767
- company_name: SONOCO PRODUCTS CO
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91767/000110465924074118/0001104659-24-074118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91767/000110465924074118/tm2418068d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-074118
- JSON: https://secwatch.observer/filing/0001104659-24-074118.json
- Plain text: https://secwatch.observer/filing/0001104659-24-074118.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.