Stockholders of Sealed Air have approved the company’s proposed acquisition by an affiliate of Clayton, Dubilier & Rice(CD&R), marking a key step toward the completion of the $10.3 billion transaction that will take the global packaging supplier private.
The approval was confirmed during a special meeting of stockholders held on February 25, 2026. The transaction remains subject to customary closing conditions, including regulatory approvals, and is expected to close in the coming months.
“We are pleased with the results of the special meeting, and we thank our stockholders for their strong support for this transaction,” said Dustin Semach, chief executive officer of Sealed Air. “We look forward to closing the transaction in the coming months.”
Sealed Air is a global supplier of packaging materials, equipment, and automation systems serving sectors including food processing, e-commerce, logistics, healthcare, and industrial manufacturing. Its portfolio includes widely used brands such as Cryovac food packaging systems, Bubble Wrap protective packaging, Autobag automated bagging systems, and Liquibox liquid packaging solutions. The company reported $5.4 billion in sales in 2024 and serves customers in more than 100 countries.
The development is relevant for packaging buyers and brand owners in the GCC and wider Middle East, where Sealed Air maintains an active presence supplying packaging technologies to food processors, logistics providers, and industrial manufacturers. Its solutions are widely used in protein packaging, cold-chain distribution, and protective packaging for e-commerce shipments.
Private ownership could allow the company to accelerate operational restructuring and investments in packaging automation, materials development, and packaging system optimisation. For converters, brand owners, and packaging buyers in the Middle East, this may influence sourcing strategies in sectors such as fresh food packaging, ready-meal distribution, and e-commerce fulfilment.