KPS to Sell Eviosys to Sonoco for €3.615 Billion

Paul, Weiss is advising KPS Capital Partners, LP, and its portfolio company Eviosys, a leading global supplier of metal packaging, in the sale of Eviosys to Sonoco Products Company for €3.615 billion. The combination of Eviosys with Sonoco, a global leader in highly engineered and sustainable packaging, will bring high-quality, sustainable and innovative packaging solutions to new and existing customers around the globe. The deal is expected to close by the end of 2024, subject to customary closing conditions and regulatory approvals.

The Paul, Weiss team is led by corporate partners Angelo Bonvino and Michael Vogel, and includes, among others, partners Joseph Friedman, Matthew Merkle, David Carmona, Suhan Shim, Robert Zochowski and Roger Johnson; tax partner Robert Killip and counsel Jamie Chambers; antitrust partners Annie Herdman and Richard Pepper, and counsel Yuni Sobel, Lauren O’Brien and Chad de Souza; intellectual property partners Charles Googe, Claudine Meredith-Goujon and John Patten and counsel Alex Zapalowski; executive compensation partner Andrea Wahlquist Brown and counsel Lisa Krausz Eisenberg; litigation partners John Carlin and Aidan Synnott, and counsel Steven Herzog and Benjamin Klein; real estate partner Peter Fisch; environmental counsel William O’Brien; and international trade counsel Richard Elliott.