HARTSVILLE (AP) ó Hartsville-based packaging company Sonoco is buying the German firm Weidenhammer Packaging Group for $383 million.
Sonoco president M. Jack Sanders said Monday the move makes the company a global leader in the composite can market and expands its technological capabilities.
The German firm has about 1,100 employees. It operates 13 production sites, with five in Germany and plants in eight other countries, including the United States.
Sanders said the addition increases Sonocoís international consumer packaging and services annual sales to nearly $3 billion. He said thatís just over half of the companyís combined revenue. The two companies will employ 21,000 people.
Notice about comments:
Aiken Standard is pleased to offer readers the enhanced ability to comment on stories. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We ask that you refrain from profanity, hate speech, personal comments and remarks that are off point.