About Sonoco
Sonoco is a company based in Hartsville (United States) founded in 1899.. The company has 28,000 employees as of December 31, 2024. Sonoco has completed 15 acquisitions, including AP Technologies, American Recycling of Western North Carolina and Ball MetalPack. Sonoco offers products and services including Rigid Paper Containers, Metal Packaging, and Industrial Packaging.
- Headquarter Hartsville, United States
- Employees 28000 as on 31 Dec, 2024
- Stage Public
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Sonoco Products Company
-
Annual Revenue
$5.31 B-2.28as on Dec 31, 2024
-
Net Profit
$164.12 M-65.46as on Dec 31, 2024
-
EBITDA
$911.69 M-3.34as on Dec 31, 2024
-
Latest Funding Round
$150 M (USD), Debt – Conventional
Jul 01, 2004
-
Investors
-
Employee Count
28000
as on Dec 31, 2024
-
Investments & Acquisitions
AP Technologies
& 14 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Sonoco
Sonoco is a publicly listed company on the NYSE with ticker symbol SON in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sonoco
Sonoco offers a comprehensive portfolio of products and services, including Rigid Paper Containers, Metal Packaging, and Industrial Packaging. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Containers for storing and protecting consumer goods
Durable cans for food and beverage protection
Solutions for durable performance in various industries
Unlock access to complete
Unlock access to complete
Software Development Team
89 people
Leadership Team
46 people
Sales and Marketing
40 people
Human Resources and Administration
38 people
Product Management Team
25 people
Plant Team
24 people
Finance and Accounting
19 people
Senior Team
17 people
Unlock access to complete
Funding Insights of Sonoco
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $150.0M
-
First Round
First Round
(01 Jul 2004)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2004 | Amount | Debt – Conventional - Sonoco | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Sonoco
Sonoco has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include AP Technologies, American Recycling of Western North Carolina and Ball MetalPack. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Food metal closures, aerosol cans, and packaging products are manufactured.
|
2021 | ||||
|
Food cans and metal packaging products are supplied globally.
|
2018 | ||||
|
Paper recycling services are provided in Western North Carolina.
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Sonoco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sonoco Comparisons
Competitors of Sonoco
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Sonoco
Frequently Asked Questions about Sonoco
When was Sonoco founded?
Sonoco was founded in 1899 and raised its 1st funding round 105 years after it was founded.
Where is Sonoco located?
Sonoco is headquartered in Hartsville, United States. It is registered at Hartsville, South Carolina, United States.
Who is the current CEO of Sonoco?
Howard Coker is the current CEO of Sonoco.
How many employees does Sonoco have?
As of Dec 31, 2024, the latest employee count at Sonoco is 28,000.
What is the annual revenue of Sonoco?
Annual revenue of Sonoco is $5.31B as on Dec 31, 2024.
What does Sonoco do?
Sonoco was established in 1899 and is based in Hartsville, United States. Packaging solutions for industrial and consumer sectors are developed and distributed by the company across various markets. Operations focus on protective and sustainable packaging services. In 2022, annual revenues of 7.25 billion were reported, with a net profit of 0.46 billion recorded. The sector emphasizes efficiency in global supply chains.
What products or services does Sonoco offer?
Sonoco offers Rigid Paper Containers, Metal Packaging, and Industrial Packaging.
Is Sonoco publicly traded?
Yes, Sonoco is publicly traded on NYSE under the ticker symbol SON.
How many acquisitions has Sonoco made?
Sonoco has made 15 acquisitions, including AP Technologies, American Recycling of Western North Carolina, and Ball MetalPack.
What is Sonoco's ticker symbol?
The ticker symbol of Sonoco is SON on NYSE.