CD&R completes $10.3bn takeover of Sealed Air

Vidhya Edwards Munnangi

Fri, April 10, 2026 astatine 9:05 AM CDT 1 min read

Sealed Air has finalised its merchantability to concern funds affiliated with CD&R, successful a transaction valued astatine $10.3bn.

A definitive statement for the woody was signed successful November 2025.

According to the terms, Sealed Air shareholders secured $42.15 successful currency for each stock held.

Sealed Air President and CEO Dustin Semach said: "Today marks the opening of an breathtaking caller section for Sealed Air.

"With CD&R's partnership, we volition accelerate our strategy by investing successful innovation and expanding our capabilities, enabling america to run with a longer-term presumption and present adjacent greater worth to our customers and employees."

The concern volition support its office successful Charlotte, North Carolina, and volition proceed utilizing the Sealed Air name.

Sealed Air has present go a privately held company, with its shares delisted from the New York Stock Exchange.

CD&R spouse Rob Volpe commented: "We are excited to implicit this transaction and spouse with Sealed Air arsenic the institution enters its adjacent signifier of maturation and success.

"Sealed Air has built a beardown instauration with heavy lawsuit and supplier relationships, differentiated capabilities, and a talented team, and we look guardant to supporting them arsenic they proceed their momentum and accelerate growth."

In the 4th fourth of 2025, Sealed Air reported net net of $44m, a turnaround from a nett nonaccomplishment of little than $1m successful the aforesaid play of the erstwhile year.