Sonoco sells protective solutions packaging business to Black Diamond Capital Management, LLC for $80 million
Client(s) Sonoco Products Company
Jones Day advised Sonoco Products Company in the $80 million sale of Sonoco's Protective Solutions assets and business to Black Diamond Capital Management, LLC.
The Protective Solutions business consists of molded expanded polyproylene and expanded polystyrene foam components manufacturing and integrated material solutions which serve the automotive, power sports, impact surfaces, HVAC, electronics/technology, appliances and various other industrial end markets.