Sonoco to Divest Europe Contract Packaging Business to Prairie Industries Holdings backed by The Halifax Group - Seite 2

Rothschild & Co was financial advisor for Sonoco on the transaction. Haynsworth Sinkler Boyd served as legal advisor and was assisted in Poland by DWF Poland Jamka sp.k.

Sonoco to Report Third Quarter 2020 Financial Results on October 22
Sonoco will release its third quarter financial results before the market opens on October 22, 2020, and management will host a conference call and webcast to further discuss results beginning at 11 a.m. Eastern Time. The news release, live conference call and corresponding presentation can be accessed at http://investor.sonoco.com. A telephonic replay of the call will be available starting at 2 p.m. ET, to U.S. callers at 855-859-2056 and international callers at [phone]. The replay passcode for both U.S. and international calls is 3164913. The archived call will be available through November 1, 2020. The webcast call also will be archived in the Investor Relations section of Sonoco’s website.

About Sonoco
Founded in 1899, Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.4 billion, the Company has 23,000 employees working in approximately 300 operations in 36 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 2020 as well as Barron’s 100 Most Sustainable Companies. For more information, visit www.sonoco.com.

About Prairie Industries Holdings
Founded in 1994, Prairie Industries Holdings, along with its subsidiary Nu-Pak, is a leading contract packaging and contract manufacturing business specializing in consumer goods and food products. The Prairie Industries division offers a wide range of packaging, converting, manufacturing and warehousing services for consumer, household and industrial products. The Nu-Pak division is a USDA and FDA certified food converting company focused on ready-to-eat food manufacturing and packaging. The company is headquartered in Prairie du Chien, WI. For more information, visit www.pind.com and www.nu-pak.com.

About The Halifax Group
Founded in 1999, The Halifax Group is a global investment firm that partners with managers and entrepreneurs to recapitalize and grow lower middle-market businesses with total enterprise values generally between $50 million and $300 million. Halifax specializes in equity recapitalizations, corporate carve-outs and management buyouts and invests across a variety of industries, including outsourced business services, health and wellness and franchising. The firm is headquartered in Washington, D.C. For more information, please visit www.thehalifaxgroup.com.

CONTACT: Contact: 
Roger Schrum 
[phone]
[e-mail]