Sonoco

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Howard R. Coker's photo - President & CEO of Sonoco

President & CEO

Howard R. Coker

CEO Approval Rating

90/100

Founded:

1899

Status:

PublicIndependent CompanyNYSESON

SONOCO TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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PCA is Sonoco's #1 competitor. PCA is a Public company that was founded in 1959 in Lake Forest,, Illinois. PCA is in the Containers & Packaging industry. Compared to Sonoco, PCA has 5,800 fewer employees.

International Paper is seen as one of Sonoco's biggest rivals. International Paper was founded in Memphis, Tennessee} in 1898. International Paper competes in the Containers & Packaging field. Compared to Sonoco, International Paper generates $15.3B more revenue.

WestRock is one of Sonoco's top competitors. WestRock is headquartered in Atlanta, Georgia, and was founded in 1953. WestRock is in the Containers & Packaging field. WestRock generates 331% the revenue of Sonoco.

Sonoco Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5.3B

Sonoco's revenue is the ranked lowest among it's top 10 competitors. The top 10 competitors average 6.5B. Over the last four quarters, Sonoco's revenue has grown by 8.7%. Specifically, in Q2 2021's revenue was $1.4B; in Q4 2020, it was $1.4B; in Q3 2020, it was $1.3B; in Q2 2020, Sonoco's revenue was $1.2B.

Sonoco Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Group Annuity Contracts Business, Athene Holding Ltd

Jun 2021

Source »
undisclosed
-
CAN PACKAGING

Aug 2020

Source »
$49M
Can Packaging designs, develops and manufactures paper packaging and related manufacturing equipment for the food industry.
Thermoform Engineered Quality, LLC

Nov 2019

Source »
$187M
TEQ is a designer and manufacturer of plastic thermoformed packaging products for healthcare and consumer markets.
Plastique Holdings Limited

Nov 2019

Source »
undisclosed
Plastique is a designer and manufacturer of plastic thermoformed packaging products for healthcare and consumer markets.

-

Corenso Holdings America Inc.

May 2019

Source »
$110M
-

These are all the companies that Sonoco has acquired. Sonoco has acquired 20 companies and its latest acquisition was Group Annuity Contracts Business, Athene Holding Ltd in Jun 2021.

Sonoco Funding History

Since Sonoco was founded in 1899, it has participated in 1 round of funding. In total Sonoco has raised $750.0M. Sonoco's funding round was on Jun 2021 for a total of $750.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Post-IPO Debt
Jun 2021
$750M

BofA Securities Inc

Since Sonoco was founded in 1899, it has participated in 1 round of funding. In total Sonoco has raised $750.0M. Sonoco's funding round was on Jun 2021 for a total of $750.0M

Sonoco Investments

No recent investments found related to Sonoco

Sonoco News

Sonoco Press Releases

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Social Media

Sonoco Headquarters

1 North Second Street

Hartsville, South Carolina29550

1-800-377-2692

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Sonoco Summary

ABOUT

Overview

Sonoco is a South Carolina-based packaging company that manufactures composite cans, tubes, cores and related products for packaging, E-commerce, and supply chain industries. Sonoco was founded in 1899. Sonoco's headquarters is located in Hartsville, ...

CEO

Sonoco's President & CEO, Howard R. Coker, currently has an approval rating of 90%. Sonoco's primary competitors are PCA, International Paper & WestRock.

Website

sonoco.com

Frequently Asked Questions about Sonoco

  1. When was Sonoco founded?

    Sonoco was founded in 1899
  2. Who is Sonoco's CEO?

    Sonoco's CEO is Howard R. Coker
  3. How much revenue does Sonoco generate?

    Sonoco generates $5.3B in revenue
  4. How much funding does Sonoco have?

    Sonoco has historically raised $750M in funding
  1. Where is Sonoco's headquarters?

    Sonoco's headquarters is in Hartsville South Carolina, USA
  2. How many employees does Sonoco have?

    Sonoco has 21,000 employees
  3. Who are Sonoco's competitors?

    Sonoco's top competitors are PCA, International Paper, WestRock