Hood Container Corporation Announces Its Acquisition of North Carolina Based Sonoco Display and Packaging
ATLANTA, GEORGIA – April 5, 2021 Hood Container Corporation announced today that it has acquired Sonoco Display and Packaging. The transaction includes locations in Pennsylvania, Iowa, North Carolina, Illinois, Georgia, Arkansas, and New Jersey. Sonoco Display and Packaging is a world class provider of point-of-purchase corrugated displays and contract packaging services in the U.S. This strategic acquisition allows Hood Container to expand product offerings to Sonoco Display and Packaging’s existing customer base while increasing Hood Container’s domestic footprint. Hood Container recognizes and is committed to the legacy of Sonoco Display and Packaging’s quality, customer focus, and talent for design. It is an excellent complement to Hood Container’s existing products and services, and there is great excitement to carry on the relationship with its customers and employees. The tremendous synergies between the two organizations and product offerings within similar markets highlight Hood Container’s in-depth knowledge of the unique requirements needed to bring value to the customer supply chain.
Greg Hall, President & COO of Hood Container said, “I am delighted to welcome the team members of Sonoco Display and Packaging to our Hood Container family. We feel the cultures of both organizations align perfectly and we are excited about the acquisition and our combined future growth opportunities. We plan to capitalize this business to ensure we expand our customer base and offer world class service and capabilities.”
Howard Coker, Sonoco President and CEO remarked, “Our U.S. Display and Packaging business has been an industry pioneer with a legacy of providing innovative solutions for complex supply chain challenges. I’m extremely proud of the business that we developed and of our associates who will continue to be part of the business going forward. We believe Hood Container will be able to create a strong, world-class leader in the display and packaging services industry with enhanced capabilities and opportunities for growth into new markets.”
Hood Container Corporation is a family-owned, mill to market company specializing in containerboard and kraft paper, corrugated boxes, high graphic displays and contract packaging. Over the last nine years Hood Container Corporation has grown to become one of the top ten Paper and Packaging companies in the United States with 56 locations nationwide. Hood Container’s integrated company resources allow for a unique dynamic that evolves with every addition to their geographic footprint and allows them to build close relationships with customers, while offering the resources of a large corporation.
Hood Container Corporation is a wholly owned subsidiary of Hood Companies, Inc. Hood Companies is a privately owned, closely held holding company and is the parent to operating subsidiaries involved in the manufacture and distribution of forest and wood products, building and construction materials, and flexible and corrugated packaging products throughout North America.