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Sonoco to acquire Highland Packaging Solutions

from GlobeNewswire

Sonoco, one of the largest diversified global packaging companies, announced it has signed a definitive agreement to acquire Highland Packaging Solutions for approximately $150 million in cash. Highland is a privately owned producer of thermoformed plastic packaging for fresh produce and dairy products, based in Plant City, Fla. The transaction is subject to normal regulatory review and is expected to close in the second quarter of 2018. more

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