Sealed Air Corporation Completes Go-Shop Period Ahead of Major Acquisition
Sealed Air Corporation Completes Go-Shop Period and Moves Toward Acquisition
On December 17, 2025, Sealed Air Corporation, a global leader in food and protective packaging solutions, announced the expiration of its 30-day Go-Shop period as part of its agreement with CDR, a renowned private investment firm. This pivotal moment marks a significant step forward for Sealed Air as it prepares for a transformative acquisition valued at approximately $10.3 billion. Under the agreed terms, CDR is set to acquire all outstanding shares of Sealed Air at $42.15 per share, paid in cash.
What Is the Go-Shop Period?
The Go-Shop period was initiated after Sealed Air's Board of Directors approved a definitive merger agreement with CDR. This time frame allowed Sealed Air’s financial advisors, Evercore, to solicit alternative acquisition proposals from a pool of prospective buyers, including both strategic and private equity firms. During this period, representatives reached out to 29 parties, with six engaging in confidentiality agreements to assess Sealed Air's non-public information. Despite extensive outreach, no competitive bids emerged that would qualify as