Kps capital partners to sell eviosys to sonoco for €3.615 billion

New york , june 24, 2024 /prnewswire/ -- kps capital partners, lp ("kps") announced today that it has entered into an agreement for its portfolio company, eviosys (the "company"), to be sold to sonoco products company ("sonoco", nyse: son), a hartsville, south carolina-based global leader in high-value sustainable packaging, for €3.615 billion (or approximately $3.9 billion). sonoco has the option, under certain circumstances, to pay up to $200 million of the purchase consideration in the form of sonoco stock.
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