Stratrix
On the Record · Pactiv Evergreen

Pactiv Evergreen acquisitions, on the record

The businesses Pactiv Evergreen bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Fabri-Kal
Word for word“On October 1, 2021, we acquired 100% of the outstanding ownership interests of Fabri-Kal for a purchase price of $378 million, including final adjustments for cash, indebtedness and working capital of $2 million, in total, paid during the year ended December 31, 2022.” 10-K for 2022
acquisitionOctober 1, 2021$378 million
Beverage Merchandising Asia
Word for word“In addition, the increase includes the $239 million gain on the sale of Beverage Merchandising Asia.” 10-K for 2022
divestiture—$239 million gain
Naturepak Beverage Packaging Co. Ltd.
Word for word“On October 12, 2021, we entered into a definitive agreement for the sale of our equity interests in Naturepak Beverage to affiliates of Elopak ASA.” 10-K for 2022
agreed divestitureOctober 12, 2021—
remaining closures businesses
Word for word“In September 2022, we committed to a plan to sell our remaining closures businesses.” 10-K for 2022
agreed divestitureSeptember 2022—
Naturepak Beverage
Word for word“On March 29, 2022, we completed the sale of our equity interests in Naturepak Beverage, our 50% joint venture with Naturepak Limited, to affiliates of Elopak ASA.” 10-K for 2023
divestitureMarch 29, 2022—
Carton packaging and filling machinery businesses in China, Korea and Taiwan
Word for word“For example, in 2022, we sold our 50% interest in a joint venture with Naturepak Limited, which is a leading provider of fresh liquid carton and packaging systems in the Middle East and North Africa region, and our carton packaging and filling machinery businesses in China, Korea and Taiwan.” 10-K for 2023
divestiture2022—
Reynolds Consumer Products Inc.
Word for word“In February 2020, we distributed all of our ownership of Reynolds Consumer Products Inc., which we refer to as RCP and which produces several consumer-facing brands of cooking products, waste and storage products and tableware, to Packaging Finance Limited, our parent company.” 10-K for 2023
divestitureFebruary 2020—
Graham Packaging Company Inc.
Word for word“In September 2020, we distributed to Packaging Finance Limited all of our ownership of Graham Packaging Company Inc., which we refer to as Graham Packaging or GPC and which designs and manufactures value-added, custom blow mold plastic containers for branded consumer products.” 10-K for 2023
divestitureSeptember 2020—
North American and Japanese closures businesses
Word for word“In 2019, we sold our North American and Japanese closures businesses.” 10-K for 2023
divestiture2019—
Canton Mill (assets and liabilities)
Word for word“3 Finally, on January 10, 2025, we completed the sale of the assets and liabilities associated with the Canton Mill, which we refer to as the Canton Transaction.” 10-K for 2024
divestitureJanuary 10, 2025—
50% interest in a joint venture with Ducart
Word for word“During the fourth quarter of 2024, we also completed the sale of our 50% interest in a joint venture with Ducart, a packaging provider in the Middle East region.” 10-K for 2024
divestiturefourth quarter of 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2019-12-31$0——
2020-12-31$0——
2021-12-31$374 million—$66 million
2022-12-31$2 million$47 million—

Deal filings since 2016

Read from Pactiv Evergreen’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.