Sealed Air Corporation, a leading global provider of food and protective packaging solutions, announced that it has entered into a definitive agreement to be acquired by funds affiliated with CD&R, a leading private investment firm with deep experience in the industrial and packaging industries, in an all-cash transaction with an enterprise value of $10.3 billion.
Under the terms of the agreement, Sealed Air stockholders will receive $42.15 in cash per share. This represents a premium of 41% to Sealed Air’s unaffected stock price[1] as of August 14, 2025 and a premium of 24% to Sealed Air’s 90-day VWAP as of November 12, 2025.
The transaction, which has been unanimously approved by Sealed Air’s Board of Directors, is expected to close in mid-2026, subject to the receipt of stockholder approval, regulatory clearances, and the satisfaction of other customary closing conditions.
Under the terms of the agreement, Sealed Air can actively solicit additional acquisition proposals from third parties during a “go-shop” period of 30 days from the signing of the agreement, with an additional 15 days to negotiate a definitive agreement with qualifying parties. There can be no assurance that this solicitation process will result in a superior proposal, and Sealed Air does not intend to disclose developments with respect to the solicitation process unless and until it determines such disclosure is appropriate or otherwise required.
Sealed Air to be Acquired by CD&R for $10.3 Billion | Sealed Air