Pactiv evergreen inc. completes divestiture of ownership interest in naturepak beverage packaging co ltd joint venture

Lake forest, ill., march 29, 2022 (globe newswire) -- pactiv evergreen inc. (nasdaq: ptve) announced today that its wholly-owned subsidiary, evergreen packaging international llc, completed the previously announced sale of its 50 percent interest in naturepak beverage packaging co ltd to affiliates of elopak asa. naturepak beverage packaging co ltd supplies customers in the middle east and africa region from manufacturing plants in morocco and saudi arabia. financial terms were not disclosed.
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