CD&R’s acquisition of Sealed Air completed for US$10.3B
Key takeaways
- Sealed Air Corporation has finished its US$10.3 billion acquisition by funds affiliated with CD&R.
- According to the companies, stockholders are receiving US$42.15 in cash per share.
- Sealed Air will continue to operate under its name with its headquarters in Charlotte, US, and CD&R will support its growth.
Sealed Air Corporation has officially been acquired by funds affiliated with the private investment firm CD&R, following a definitive agreement made last year at an enterprise value of US$10.3 billion.
After the transaction is complete, Sealed Air stockholders are entitled to US$42.15 in cash for each share of Sealed Air common stock held as of immediately prior to the merger’s effective time.
Dustin Semach, president and CEO at Sealed Air, says: “Today marks the beginning of a new chapter for Sealed Air. With CD&R’s partnership, we will accelerate our strategy by investing in innovation and expanding our capabilities, enabling us to operate with a longer-term view and deliver even greater value to our customers and employees.”
Rob Volpe, partner at CD&R, comments: “We are excited to complete this transaction and partner with Sealed Air as the company enters its next phase of growth and success.”
“Sealed Air has built a strong foundation with deep customer and supplier relationships, differentiated capabilities, and a talented team, and we look forward to supporting them as they continue their momentum and accelerate growth.”
Boosting future growth
Sealed Air will maintain its headquarters in Charlotte, US, and will continue to operate under the Sealed Air name. CD&R is set to support Sealed Air’s growth across its Food and Protective businesses.
Sealed Air is now a privately held company, and its shares have ceased trading on the New York Stock Exchange.
Packaging Insights spoke to Sealed Air at Packaging Innovations 2026 in Birmingham, UK, about its software solutions and machines for protective packaging.
Last month, the global packaging giant released its I Pack Dual, an automated void reduction system designed to use less packaging material, facilitate warehouse efficiency, and support transportation.
Recently, Sealed Air also launched the Cryovac VPP MonoPro, a vertical form-fill-seal pack for fluid and pumpable foods. According to the company, the solution features high barrier properties, and it is recycle-ready.
