Japanese printing company TOPPAN Holdings Inc. is set to acquire the thermoformed and flexibles packaging business from New York-listed Sonoco Products Company for $1.8 billion. This acquisition is part of Japan’s ongoing trend of making substantial foreign investments. Leading law firms Morrison & Foerster and Freshfields are representing TOPPAN in this transaction.
This deal highlights a significant move by Japanese companies towards expanding their footprint in international markets through strategic acquisitions. For more details, the original coverage can be accessed through Law.com. Keep in mind that the full article is behind a paywall.