Pactiv Evergreen Agrees to $110 Million Sale of Waynesville Factory

Monday, 15 July 2024, 21:53

Pactiv Evergreen, a leading company, has finalized a significant deal to offload its assets to a major player in the paper and pulp industry. The sale, valued at $110 million, involves the Waynesville factory and another property. This move signifies strategic restructuring within Pactiv Evergreen's portfolio, indicating a focus on core operations and financial optimization. The sale transaction is poised to impact both companies positively, aligning with their respective business objectives and growth strategies.
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Pactiv Evergreen Agrees to $110 Million Sale of Waynesville Factory

Pactiv Evergreen Sells Waynesville Factory

Pactiv Evergreen, a leading company in the industry, has agreed to sell two of its properties, including the factory in Waynesville, in a deal worth $110 million. This move marks a strategic decision by Pactiv Evergreen to optimize its financial standing and concentrate on core operations.

Key Points:

  • Pactiv Evergreen agrees to sell Waynesville factory in a $110 million deal
  • The sale involves a global paper and pulp producer acquiring Pactiv Evergreen's properties
  • Strategic restructuring and optimization within Pactiv Evergreen's portfolio
  • Positive impact on both companies' business objectives and growth strategies

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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