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See Completes Acquisition Of Liquibox

PRIVATEFeb 01, 2023

Acquiring Company

SEE

Acquired Company

Liquibox

ManufacturingSustainabilityTransportationManufacturing

Description

SEE (NYSE: SEE) announced today that it has completed the previously announced acquisition of Liquibox for a purchase price of $1.15 billion on a cash and debt-free basis.

Quick answer

SEE is acquiring Liquibox, announced February 1, 2023.

How much did SEE pay for Liquibox?
The deal value was not disclosed.
What does SEE do?
Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we found it.

Source: Fundz verified event record.

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Company Information

Company

SEE

About

Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we found it. Our automated packaging solutions systems create a safer, more resilient and less wasteful global food supply chain, enable e-commerce, and protect goods transported worldwide. Our globally recognized brands include CRYOVAC® brand food packaging, SEALED AIR® brand protective packaging, AUTOBAG® brand automated systems, BUBBLE WRAP® brand packaging, and SEE™ Touchless Automation™ solutions. SEE’s Operating Model, along with our industry-leading expertise in materials, engineering and technology, create value through more sustainable, automated, and digitally connected packaging solutions. We are leading the packaging industry to create a more environmentally, socially, and economically sustainable future and have pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, and a bolder goal to reach net-zero carbon emissions in our global operations by 2040. Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are also committed to a diverse workforce and inclusive culture through our 2025 Diversity, Equity and Inclusion pledge. SEE generated $4.9 billion in sales in 2020 and has approximately 16,500 employees who serve customers in 117 countries/territories. To learn more, visit sealedair.com.

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Frequently asked

Who acquired Liquibox?

Liquibox was acquired by SEE. The deal was reported on February 1, 2023. Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we found it. SEE is privately held and operates in Manufacturing.

When did SEE acquire Liquibox?

SEE's acquisition of Liquibox was reported on February 1, 2023. SEE (NYSE: SEE) announced today that it has completed the previously announced acquisition of Liquibox for a purchase price of $1.15 billion on a cash and debt-free basis. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Liquibox do?

Founded in 1961, Liquibox is a global leader in liquid packaging and dispensing—working in partnership with customers to create a safer and more sustainable future. It is privately held, operating in Manufacturing.

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