On March 23, 2026, Sealed Air Corporation announced that it has successfully obtained all necessary regulatory approvals to finalize its pending acquisition by funds affiliated with Clayton, Dubilier & Rice (CD&R). This acquisition is part of a strategic move to enhance Sealed Air's growth and innovation capabilities. The transaction, which was formalized through an Agreement and Plan of Merger dated November 16, 2025, is anticipated to close in April 2026, pending the satisfaction of customary closing conditions.

Dustin Semach, President and CEO of Sealed Air, expressed optimism regarding the acquisition, stating, "The receipt of all regulatory approvals brings us another step closer to completing the transaction with CD&R and embarking on the next phase of innovation and growth at Sealed Air. With this milestone complete, we are focused on finalizing the remaining closing conditions and completing the transaction in the coming weeks."

Upon completion of the acquisition, Sealed Air will transition to a privately held company, and its common stock will no longer be traded on the New York Stock Exchange. This move is expected to provide Sealed Air with greater flexibility to pursue its strategic objectives without the pressures of public market scrutiny.

Sealed Air is recognized as a leading global provider of packaging solutions, integrating sustainable materials and automation to enhance efficiency in packaging processes. The company serves a diverse range of markets, including food, medical, and e-commerce, and reported $5.4 billion in net sales in 2025. The acquisition by CD&R is seen as a pivotal step in positioning Sealed Air for future growth and innovation in the packaging industry.

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