secwatch.observer — SEC 8-K summary
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Issuer:     SEALED AIR CORP/DE (—)
CIK:        0001012100
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001628280-23-001900
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sealed Air completes $1.15B acquisition of Liqui-Box for CRYOVAC fluids & liquids growth
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- Purchase price of $1.15B on cash/debt-free basis; acquisition completed Feb 1, 2023.
- Liqui-Box is a Bag-in-Box sustainable packaging solutions provider for food, beverage, industrial end-markets.
- Acquisition accelerates CRYOVAC brand Fluids & Liquids business, SEE's fastest-growing segment.
- Pre-closing reorganization separated certain Liqui-Box product lines (DW Reusables, Corplex, Engineered Foam Products).
- SEE will discuss closing details on full-year 2022 earnings call on Feb 9, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1012100/000162828023001900/0001628280-23-001900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1012100/000162828023001900/see-20230201.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-001900

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer