Sealed Air

Apr 20, 2026 - 21:30
0 0
Sealed Air

← Previous revision Revision as of 15:58, 20 April 2026
Line 29: Line 29:
}}
}}


'''Sealed Air Corporation''', is an American packaging company known for its Cryovac food packaging and [[Bubble Wrap (brand)|Bubble Wrap]] cushioning packaging.{{cite web|url=http://journaltimes.com/news/local/sealed-air-ceo-sees-higher-profits-in-next-three-years/article_365c15fc-3695-11e3-aef3-0019bb2963f4.html |title=Sealed Air CEO sees higher profits in next three years |date=October 16, 2013 |first=Michael |last=Burke |work=[[Racine Journal Times|The Journal Times]] }}{{cite web |url=http://topics.nytimes.com/top/news/business/companies/sealed_air_corporation/ |title=Sealed Air Corporation |work=[[The New York Times]] |access-date=November 21, 2013 |archive-url=https://web.archive.org/web/20140303173635/http://topics.nytimes.com/top/news/business/companies/sealed_air_corporation/ |archive-date=March 3, 2014 |url-status=live }} It is headquartered in [[Charlotte, North Carolina]], United States, and led by Dustin Semach, president, and CEO. The company had $5.4 billion in revenues in 2024. {{Cite news|url=https://www.charlotteobserver.com/news/business/article171836667.html |title=CEO who moved Bubble Wrap maker to Charlotte retiring at year end |date=September 7, 2017 |first=Rick |last=Rothacker |work=[[The Charlotte Observer]] |access-date=July 27, 2018 |language=en}}
'''Sealed Air Corporation''', is an American packaging company known for its Cryovac food packaging and [[Bubble Wrap (brand)|Bubble Wrap]] cushioning packaging.{{cite web|url=http://journaltimes.com/news/local/sealed-air-ceo-sees-higher-profits-in-next-three-years/article_365c15fc-3695-11e3-aef3-0019bb2963f4.html |title=Sealed Air CEO sees higher profits in next three years |date=October 16, 2013 |first=Michael |last=Burke |work=[[Racine Journal Times|The Journal Times]] }}{{cite web |url=http://topics.nytimes.com/top/news/business/companies/sealed_air_corporation/ |title=Sealed Air Corporation |work=[[The New York Times]] |access-date=November 21, 2013 |archive-url=https://web.archive.org/web/20140303173635/http://topics.nytimes.com/top/news/business/companies/sealed_air_corporation/ |archive-date=March 3, 2014 |url-status=live }} It is headquartered in [[Charlotte, North Carolina]], United States, and led by Dustin Semach, president and CEO. The company had $5.4 billion in revenues in 2024. {{Cite news|url=https://www.charlotteobserver.com/news/business/article171836667.html |title=CEO who moved Bubble Wrap maker to Charlotte retiring at year end |date=September 7, 2017 |first=Rick |last=Rothacker |work=[[The Charlotte Observer]] |access-date=July 27, 2018 |language=en}}


In November 2025, private equity firm [[Clayton, Dubilier & Rice]] agreed to acquire the company for a total enterprise value of $10.3 billion. This was completed on April 9, 2026.{{Cite web| url=https://www.prnewswire.com/news-releases/sealed-air-announces-completion-of-acquisition-by-cdr-302738274.html |title=Sealed Air Announces Completion of Acquisition by CD&R |date=April 9, 2026 |work=[[PR Newswire]] |access-date=April 13, 2026}}
In November 2025, private equity firm [[Clayton, Dubilier & Rice]] agreed to acquire the company for a total enterprise value of $10.3 billion. This was completed on April 9, 2026.{{Cite web| url=https://www.prnewswire.com/news-releases/sealed-air-announces-completion-of-acquisition-by-cdr-302738274.html |title=Sealed Air Announces Completion of Acquisition by CD&R |date=April 9, 2026 |work=[[PR Newswire]] |access-date=April 13, 2026}}
Read More