US-headquartered Sonoco makes an array of specialist packaging products including consumer, industrial and protective packaging.

The group described Eviosys as Europe’s leading producer of metal packaging including food cans, ends and closures.

Eviosys employs around 6,300 at 44 manufacturing facilities across 17 countries, including the UK.

Sales this year are expected to be around $2.5bn with adjusted EBITA of $430m.

The business is currently owned by KPS Capital Partners. The group was formed by the consolidation of the Mivisa, CarnaudMetalbox and Crown Holdings businesses.

Sonoco president and CEO Howard Coker said the deal was “an exciting milestone”.

“Eviosys brings extensive global reach and an attractive, growing customer base that perfectly complements our existing metal packaging offering,” he said.

“Together with the talented team at Eviosys, we are focused on unlocking new opportunities in attractive end-markets, providing our customers with a stronger value proposition and generating strong returns for our shareholders.”

Sonoco said the combination of the two businesses would expand its total addressable market in metal packaging to approximately $25bn globally. 

Sonoco is more than twice the size of Eviosys, with sales of $6.8bn and around 22,000 employees worldwide across 300 locations, also including multiple sites in the UK.

Sonoco COO Rodger Fuller will lead the integration, which is expected to yield more than $100m of cost synergies.