Sonoco Products Co.

Sonoco Products Co.

Sonoco Products Co.

Date Founded



1 North Second Street, Hartsville, SC, 29550, USA

Type of Company


Employees (Worldwide)



Private Equity & Venture Capital
Industrial Machinery & Manufacturing
Other Business & Consulting Services
Plastics & Synthetics
Paper Products

Company Description

Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and provides packaging services. It operates through the following segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. The Consumer Packaging segment offers round composite cans, shaped rigid paperboard containers, fiber and plastic caulk/adhesive tubes, aluminum, steel and peelable membrane easy-open closures for composite and metal cans; thermoformed rigid plastic trays, cups and bowls; injection molded containers, spools and parts; high-barrier flexible and forming plastic packaging films, modified atmosphere packaging, lidding films, printed flexible packaging, rotogravure cylinder engraving, global brand management. The Display and Packaging segment consists of point-of-purchase displays; custom packaging; retail packaging, including printed backer cards, thermoformed blisters and heat sealing equipment; fulfillment; primary package filling; supply chain management; paperboard specialties. The Paper and Industrial Converted Products includes recycled paperboard, chipboard, tubeboard, lightweight corestock, boxboard, linerboard, corrugating medium, specialty grades; paperboard tubes and cores, molded plugs, reels; collection, processing and recycling of old corrugated containers, paper, plastics, metal, glass and other recyclable materials. The Protective Solutions segment provides custom-engineered, paperboard-based and expanded foam protective packaging and components; temperature-assured packaging. The company was founded by James Lide Coker on May 10, 1899 and is headquartered at Hartsville, SC.

Contact Data
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Executives & Employees

Director, President & Chief Executive Officer

Senior Vice President & Chief Financial Officer

Secretary, Corporate Vice President & General Counsel

Vice President & Chief Human Resources Officer

Principal Accounting Officer & Controller

Head, Display & Packaging Business

Treasurer, Vice President & Assistant Chief Financial Officer

Senior Vice President, Corporate Planning

Senior Vice President, Rigid Paper Containers & Paper/Engineered Carriers International

Senior Vice President, Plastic Packaging & Protective Solutions

Board of Directors

Director at Duke Energy Florida LLC

President President's Office at Queens University of Charlotte

Director, President & Chief Executive Officer at Sonoco Products Co.

Founding Partner at Falfurrias Capital Partners

Senior Lecturer, Business Administration at Harvard University - Harvard Business School

Former Senior Advisor at Azalea Capital LLC

Chief Executive Officer at Gosiger, Inc.

Former Executive Vice President & Chief Financial Officer at Lowe's Companies, Inc.

Managing Director & Director at Pacific Tiger Group Ltd.

Chief Executive Officer & Director at Elior Group SA

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Sonoco Products Co.
Owners & Shareholders
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Perkins is primarily a long-only equities value investment advisor. The firm's value-oriented approach is based on the belief that investing in a diversified portfolio of high-quality, yet undervalued stocks can lead to outperformance of a benchmark over time. Perkins believes that by conducting rigorous downside analysis before determining upside potential, they can identify companies with favorable reward-to-risk trade-offs over a full market cycle. Their investment strategies include: small cap value, mid cap value, large cap value, global value, non-US value, all cap value and value plus income. Perkins uses the same methods of analysis on all strategies. They employ a thorough bottom-up method of fundamental analysis. Perkins seeks high-quality companies with strong balance sheets, low debt ratios, financial flexibility, solid recurring free cash flows and committed and tenured management with significant insider ownership. The portfolios that Perkins manages are designed for long-term investors seeking an equity portfolio, including common stocks.

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Old Republic International Corp. employs a conservative long-term investment approach. They focus on investing in a diversified portfolio of fixed income and equity securities. Approximately 80% of the firm's investment portfolio is allocated to fixed income securities, 9% to equity securities and 1% to cash equivalents and miscellaneous other investments. Old Republic invests primarily in marketable, non-callable corporate securities of various investment grade issuers, with maturities of 1 to 10 years. Their consolidated fixed income portfolio was well diversified, with over 750 different issuers of corporate, municipal, agency-related, and U.S. and Canadian government securities. Investment grade issues represented approximately 99% of the portfolio. Old Republic’s fixed income portfolio is protected to a significant degree from interest rate volatility. They avoid investment structures and products that are inherently risky such as CDOs, MBS, ABS, guaranteed investment contracts, structured investment vehicles, auction rate variable short-term securities, hybrid securities and credit default and interest rate swaps.Old Republic's actively managed equity portfolio focuses on buying higher yielding blue chip and utility common stocks,

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Anchor Capital provides investment management services through three divisions: the Institutional Division, the Managed Accounts Division, and the Private Client Division. The firm typically pursues a long-term investment strategy. Anchor Capital's objective is for client portfolios to have a higher yield, a lower price-to-earnings ratio, and higher growth than comparable indices. The Institutional Division manages discretionary investment accounts based on the client's specific investment objectives and risk tolerance. The strategies include: Mid-Cap Value, Small-Cap Value, Small Mid-Cap Value, All-Cap Value, Focused Value, Balanced Value, Select-Dividend and Fixed Income. The Institutional Division provides investment advice with respect to exchange-listed securities, OTC securities, corporate debt securities, warrants, commercial paper, bank CDs, municipal securities, US government securities, foreign issuers, ETFs, options, and mutual funds. The Managed Accounts Division participates in SMA/Wrap programs acting as a sub-advisor to a number of sponsor firms. Through these programs, clients of the sponsor firms are referred to Anchor Capital for discretionary investment management services. The Managed Accounts Division's investment process uses a set of model investment portfolios for each strategy offered to clients of sponsor firms. The model portfolio strategies invest in: exchange-listed securities, over-the-counter securities, corporate debt securities, municipal securities, US government securities, foreign issuers, ETFs, mutual funds, and options.The Private Client Division provides financial advice and makes investments based on each client's individual needs and circumstances. Once the client's objectives have been established, the Private Client Division uses an asset allocation model and manages the client’s portfolio based on that model. Private clients generally fall into two categories: Wealth Advisory Accounts and Investment Advisory Accounts. For each wealth advisory client, a portfolio is created generally consisting of one or more of the following: non-affiliated mutual funds, affiliated and/or non-affiliated separate accounts, ETFs, limited partnerships, and structured notes, or a combination of these. For each investment advisory client, an account is created consisting of one individually managed Anchor Capital strategy.

Recent Transactions
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Sonoco Products Co., Sonoco Flexible Packaging Co., Inc. purchase Clear Lam Packaging, Inc.

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Sonoco Products Co. purchases Peninsula Packaging LLC from Odyssey Investment Partners LLC

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Amcor Ltd. purchases Sonoco Products Co. /Plastics Blow Molding Operations from Sonoco Products Co.

Insider Transactions
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Transaction Advisors

Advised onSonoco Products Co. purchases Sonoco CorrFlex LLC


Advised onSonoco Products Co. purchases Composite Can Operations from Amcor Ltd.

Legal Advisor

Advised onSonoco Products Co. purchases Peninsula Packaging LLC from Odyssey Investment Partners LLC


Advised onSonoco Products Co. purchases Peninsula Packaging LLC from Odyssey Investment Partners LLC


Advised onSonoco Products Co. purchases Weidenhammer Packungen GmbH & Co. KG

Legal Advisor

Advised onSonoco Products Co. purchases Weidenhammer Packungen GmbH & Co. KG

Advisors & Consultants

Former Division Vice President & General Manager, Industrial Products, N.A. at Sonoco Products Co.

Clients, Inc. engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as and The International segment offers retail sales of consumer products and subscriptions through internationally-focused websites. The Amazon Web Services segment involves in the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

Alphabet, Inc. is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube. The Other Bets segment includes businesses such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, Cardiovascular and Neuromodulation Products, and Other. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The Vascular Products segment trades coronary, endovascular, structural heart, vessel closure, and other medical device products. The Other segment comprises of Abbott Medical Optics. The company was founded by Wallace Calvin Abbott in 1888 and is headquartered in Abbott Park, IL.

Key Stats and Financials As of 2017
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Non-Profit Donations & Grants
$500 - $999
Political Donations
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Awards & Honors
Rank #514
Fortune Magazine - Fortune 1000 Companies
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