Sealed Air has agreed to be acquired by Clayton, Dubilier & Rice in a $10.3 billion all-cash deal, which is set to close in mid-2026, resulting in the company going private while retaining its operations in North Carolina.

Information on the Target

Sealed Air Corporation, the inventor of bubble wrap, is a leading provider of packaging materials and services across various sectors, including food, medical, e-commerce, and industrial. With a robust sales figure of $5.4 billion in 2024, the company employs approximately 16,400 individuals worldwide and has established a significant presence in the packaging industry.

As part of an all-cash acquisition deal valued at $10.3 billion, Sealed Air will transition to a privately held entity while retaining its headquarters in Charlotte, North Carolina. The transaction has been approved by Sealed Air’s board and is expected to finalize in mid-2026, resulting in the company's delisting from the New York Stock Exchange.

Industry Overview in the Target's Specific Country

The packaging industry in the United States is a vital sector of the economy, characterized by continuous growth driven by consumer demands for sustainability and innovation. Major players