Sonoco to Acquire Healthcare Packaging and Medical Device Thermoformer
Sonoco announced it has signed a definitive agreement to acquire Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. (NYSE: ESE) for approximately $187 million in cash.
360° Customized Solutions
When your only tool is a hammer, every problem looks like a nail. That’s not the case at Sonoco. With one of the broadest packaging portfolios in the industry, combined with an equally wide range of technical and material science expertise, we’re able to take a packaging-neutral approach to solving our customers' challenges by offering a 360° Customized Solution focused on their specific needs.
i6 Innovation Process
Innovation is the catalyst for growth for most companies today. And while intellectual capital and creativity are important, bringing to life ideas that work in the real world requires a process to guide and nurture these ideas to fruition. Our unique i6 Innovation Process® allows us to harness the power of ideas in the service of innovation through a repeatable, scalable approach. We’re able to take customers from insights to opportunities in a packaging-neutral environment that ensures the best solution based on their unique requirements.
Our work with customers across a wide range of markets and geographies has given us a wealth of intellectual capital to draw from as we help develop innovative packaging solutions. With more than 300 operations in 33 countries, we serve customers in 85 nations and can call upon a broad set of experiences to bring to bear on most any packaging challenge from Boston to Berlin... and beyond.
Packaging with tomorrow in mind™
EnviroSense™ is more than just a portfolio of packaging products; it’s a responsible way of thinking and the sensible philosophy we use to inform the development of innovative, more sustainable packaging for our future.
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We bring more to packaging than just the package.
Over 300 operations across 36 countries.