Predict your next investment

Corporation
BUSINESS PRODUCTS & SERVICES | Packaging
sonoco.com

See what CB Insights has to offer

Investments

2

Portfolio Exits

1

Partners & Customers

10

Service Providers

1

About Sonoco

Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services.

Sonoco Headquarter Location

One North Second Street PO Box 160

Hartsville, South Carolina, 29551,

United States

843-383-7000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Sonoco Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Sonoco Rank

Latest Sonoco News

Kellogg’s, Sustana, Sonoco Partner to Prove Recyclability of Paper Containers

May 16, 2022

Hartsville, South Carolina, UNITED STATES HARTSVILLE, S.C., May 16, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the leading global sustainable packaging companies, today announced favorable results from a recent study by trial with Sustana in collaboration with Kellogg’s, providing new opportunities to recycle paper containers. “Part of creating packaging that’s a sustainability success involves making sure its materials are made and sourced responsibly. Sonoco’s paper containers are made with 100% recycled fiber paperboard, of which 85% is post-consumer recycled content,” said Michael Pratt, Senior Sustainability Specialist at Sonoco. Through three third-party sortation trials, Sonoco confirmed that paper containers with steel bottoms can be recycled in the steel stream. The next step was to further increase the recyclability of paper containers in the paper stream. There was already proven success in producing 100% recycled paperboard with up to 85% post-consumer fiber from bales of mixed paper at all Sonoco U.S. paper mills, but it was still unknown if paper containers could be recycled further. By partnering with Sustana, the leading manufacture of sustainably produced premium recycled fiber and paper, Sonoco validated the idea that paper containers could be processed in the paper stream and made into reusable materials. This Sustana trial confirmed that through the pulping process, the fiber components separate from non-fiber components. The remaining fiber can be made into usable paperboard for new products, thus creating a circular economy journey. ‘’By partnering with sustainability-conscious companies like Sonoco and shifting to a circular economy, brands can provide consumers with sustainable recycled paper products that meet their growing preference for environmentally friendly packaging,” said Renée Yardley, Sustana’s Senior Vice President of Sales and Marketing. Not only does this finding enable Sonoco to accept its paper products back for recycling, it provides the opportunity to close the loop within the sustainability economy, especially through the food packaging industry. “It’s no easy task, but we believe closing the loop is always worth our time, talent, and resources,” said Scott Byrne, Associate Director of Global Sustainability for Sonoco. “By validating that paper containers can be processed in the paper stream, there’s hope to see an increase in recycled fiber. Ultimately, through strategic collaboration, it’s more possible than ever to reduce the impact of hard to recycle items. About Sonoco Founded in 1899, Sonoco (NYSE: SON) is a global provider of consumer, industrial, healthcare and protective packaging. With net sales of $5.6 billion in 2021, the Company has 22,000 employees working in approximately 300 operations in 32 countries, serving some of the world’s best-known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company ranked first in the Packaging sector on Fortune’s World’s Most Admired Companies for 2022 as well as being included in Barron’s 100 Most Sustainable Companies for the third consecutive year. For more information, visit www.sonoco.com .

Sonoco Investments

2 Investments

Sonoco has made 2 investments. Their latest investment was in Harvest CROO as part of their Unattributed - IV on June 6, 2018.

CBI Logo

Sonoco Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/11/2018

Unattributed - IV

Harvest CROO

$1.29M

Yes

2

1/1/1998

Corporate Minority

Subscribe to see more

Subscribe to see more

10

Date

6/11/2018

1/1/1998

Round

Unattributed - IV

Corporate Minority

Company

Harvest CROO

Subscribe to see more

Amount

$1.29M

New?

Yes

Subscribe to see more

Co-Investors

Sources

2

10

Sonoco Portfolio Exits

1 Portfolio Exit

Sonoco has 1 portfolio exit. Their latest portfolio exit was Sonoco Products - Global Plastic's Blow Modeling Business on September 02, 2016.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/2/2016

Divestiture

2

Date

9/2/2016

Exit

Divestiture

Companies

Valuation

Acquirer

Sources

2

Sonoco Acquisitions

19 Acquisitions

Sonoco acquired 19 companies. Their latest acquisition was Sonoco do Brasil Participacoes on April 01, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/1/2022

$99M

Acquired

1

12/20/2021

Other

$99M

$675M

Acquired

9

11/8/2021

$99M

Acquired

1

8/3/2020

Subscribe to see more

$99M

Subscribe to see more

10

11/25/2019

Growth Equity

Subscribe to see more

$99M

$99M

Subscribe to see more

10

Date

4/1/2022

12/20/2021

11/8/2021

8/3/2020

11/25/2019

Investment Stage

Other

Growth Equity

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$675M

$99M

Note

Acquired

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Sources

1

9

1

10

10

Sonoco Partners & Customers

10 Partners and customers

Sonoco has 10 strategic partners and customers. Sonoco recently partnered with Coupa Software on September 9, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

9/16/2021

Vendor

United States

1

9/7/2021

Partner

United States

Sonoco Partners with AMP Robotics to Enhance Paper Can Recycling

HARTSVILLE , S.C. , Sept. 07 , 2021 -- Sonoco announced today it has partnered with AMP Robotics , a pioneer in AI , robotics and infrastructure for the waste and recycling industry , to create a new material category within AMP Robotics 's neural network specific to rigid paperboard cans .

6

2/18/2021

Partner

United Kingdom, and United States

Enval partners with Kraft Heinz Co., Sonoco to recycle flexible film packaging

Enval partners with Kraft Heinz , Sonoco to recycle flexible film packaging

1

8/27/2020

Vendor

United States

Subscribe to see more

Subscribe to see more

10

7/10/2018

Vendor

United States

Subscribe to see more

Subscribe to see more

10

Date

9/16/2021

9/7/2021

2/18/2021

8/27/2020

7/10/2018

Type

Vendor

Partner

Partner

Vendor

Vendor

Business Partner

Country

United States

United States

United Kingdom, and United States

United States

United States

News Snippet

Sonoco Partners with AMP Robotics to Enhance Paper Can Recycling

HARTSVILLE , S.C. , Sept. 07 , 2021 -- Sonoco announced today it has partnered with AMP Robotics , a pioneer in AI , robotics and infrastructure for the waste and recycling industry , to create a new material category within AMP Robotics 's neural network specific to rigid paperboard cans .

Enval partners with Kraft Heinz Co., Sonoco to recycle flexible film packaging

Enval partners with Kraft Heinz , Sonoco to recycle flexible film packaging

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

6

1

10

10

Sonoco Service Providers

1 Service Provider

Sonoco has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Sonoco Team

7 Team Members

Sonoco has 7 team members, including current Chief Executive Officer, Harris E DeLoach.

Name

Work History

Title

Status

Harris E DeLoach

Chief Executive Officer

Current

Jack Sanders

President, Chief Operating Officer

Current

Barry L. Saunders

Chief Financial Officer

Current

Jim W Brown

President

Former

JAMES MIRANDA CFO USAF Veteran

Chief Financial Officer

Former

Name

Harris E DeLoach

Jack Sanders

Barry L. Saunders

Jim W Brown

JAMES MIRANDA CFO USAF Veteran

Work History

Title

Chief Executive Officer

President, Chief Operating Officer

Chief Financial Officer

President

Chief Financial Officer

Status

Current

Current

Current

Former

Former

You May Also Like

Amcor Logo
Amcor

Amcor develops and produces packaging for food, beverage, pharmaceutical, medical, home- and personal-care, and other products.

A
ALPLA Group

ALPLA Group is engaged in the industry of packaging solutions specializing in the production of high-quality plastic packaging. In addition to offering packaging products and technologies, ALPLA offers international career development opportunities in numerous professions.

Graphic Packaging Logo
Graphic Packaging

Graphic Packaging (NYSE: GPK) is a provider of paperboard packaging solutions for a wide variety of products to food, beverage, and other consumer products companies. The company is a producer of folding cartons and holds a market position in coated-recycled boxboard and specialty bag packaging.

G
Gundlach Packaging Group

Gundlach Packaging Group, part of Gundlach Group, is a packaging and printing company that manufactures folding boxes and paper rolls for the tobacco, food, and non-food industries; self-adhesive labels for the beverage, hygiene, and pharmaceutical sectors; and reels for the tea and tobacco sectors.

A
All4Labels

All4Labels provides packaging labels and sustainable and digital packaging solutions. It specializes in the home, personal care, and food and beverage markets. The company is recognized by its customers as a preferred provider of pressure sensitive, shrink sleeve and security labels as well as flexible solutions. All4Labels was formed by the merger of Baumgarten, RAKO and X-label in 2016 and is based in Witzhave, Germany.

Plastipak Logo
Plastipak

Plastipak is a global manufacturer of plastic packaging containers and preforms for consumer products companies. Plastipak designs, manufactures, and distributes plastic containers in four product categories: carbonated and non-carbonated beverages; consumer cleaning; food and processed juices; and industrial, automotive and specialty products. The company's operations span the US, Europe, and Brazil. The company supplies rigid plastic packaging containers globally to multinational consumer product companies.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.