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Pactiv Evergreen To Sell Its Carton Packaging And Filling Machinery Businesses In China, Korea And Taiwan

Industry

January 5, 2022

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The Street

By GlobeNewswire LAKE FOREST, Ill., Jan. 05, 2022 (GLOBE NEWSWIRE) — Pactiv Evergreen Inc. (Pactiv Evergreen; NASDAQ: PTVE) today announced that it has entered into a definitive agreement by its wholly-owned subsidiary, Evergreen Packaging International LLC (Evergreen Packaging), to sell its carton packaging and filling machinery businesses in China, Korea and Taiwan to SIG Schweizerische Industrie-Gesellschaft GmbH, a subsidiary of SIG Combibloc Group Ltd, for an enterprise value of approximately $335 million. The transaction is subject to regulatory approvals and satisfaction of other custo…

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Pactiv Evergreen To Sell Its Carton Packaging And Filling Machinery Businesses In China, Korea And Taiwan

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About

Taiwan Newswire is a dynamic and reliable news platform that delivers the latest updates and insights on various topics in Taiwan. With its commitment to accuracy and quality journalism, Taiwan Newswire has established itself as a go-to source for both local and international news.

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