M&A Deal Summary

Sonoco Recycling Acquires American Recycling of Western North Carolina

On December 30, 2021, Sonoco Recycling acquired environmental company American Recycling of Western North Carolina

Acquisition Highlights
  • This is Sonoco Recycling’s 2nd transaction in the Environmental sector.
  • This is Sonoco Recycling’s 2nd transaction in the United States.
  • This is Sonoco Recycling’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2021-12-30
Target American Recycling of Western North Carolina
Sector Environmental
Buyer(s) Sonoco Recycling
Deal Type Add-on Acquisition

Target

American Recycling of Western North Carolina

Candler, North Carolina, United States
American Recycling of Western North Carolina is a provider of recovered paper recycler. The Company offers services to all types of recovered material generators and provides flexible, customized programs that help our clients increase efficiency reduce waste and optimize their environmental stewardship, based in Candler, North Carolina.

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Buyer(S) 1

Buyer

Sonoco Recycling

Charlotte, North Carolina, United States

Category Company
Sector Environmental
DESCRIPTION

Sonoco Recycling collects more than 3.5 million tons of paper, plastic, metal and other materials annually. A unit of Sonoco, a multi-billion dollar global provider of consumer packaging, industrial products, and supply chain services, our recycling roots date back to the 1920s. Today, Company operate more than 40 recycling facilities globally and help more than 15,000 retailers, manufacturers and communities save money, save resources and create clean, renewable energy.


DEAL STATS #
Overall 2 of 2
Sector (Environmental) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (North Carolina) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 American Recycling of South Carolina

Greenville, South Carolina, United States

American Recycling of South Carolina is independently owned collectors, processors and marketers of recovered paper in the Carolinas. Owned and operated by Ron Moore, an industry veteran with over 20 years of experience in every facet of the recovered material business.

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