Sealed Air has completed its acquisition by funds affiliated with CD&R, ending its run as a publicly traded company and moving it back into private ownership.
The transaction closed on April 9, 2026, after Sealed Air announced the deal on November 17, 2025. The company said the acquisition was agreed at an enterprise value of $10.3 billion.
Under the deal terms, Sealed Air stockholders will receive $42.15 in cash for each share held immediately before the merger became effective.
With the closing, Sealed Air’s shares have ceased trading on the New York Stock Exchange. The company will keep its headquarters in Charlotte, North Carolina, and continue operating under the Sealed Air name.
Sealed Air said the new ownership will support investment in innovation and expansion across its food and protective packaging businesses. The company’s portfolio includes Cryovac food packaging, Sealed Air protective packaging, Liquibox liquids systems, Autobag automated packaging systems and Bubble Wrap packaging.
CD&R said it plans to back the company’s next phase of growth, building on Sealed Air’s customer and supplier relationships, capabilities and management team. As a result of these announcements, the company's shares have moved -0.1% on the market, and are now trading at a price of $42.00. Check out the company's full 8-K submission here.
