This $6 Billion Materials Firm Has Decided To Go Private

Benzinga03-03

On Monday, Sealed Air Corporation (NYSE:SEE) reported fourth-quarter adjusted earnings per share of 77 cents, beating the Street view of 73 cents.

Sales of $1.40 billion outpaced the analyst consensus estimate of $1.34 billion.

Details

Net sales rose 2.1% year over year (Y/Y) as reported, while decreasing by 0.7% Y/Y on a constant currency basis. Volumes fell by less than 1% Y/Y.

Sales in the Protective segment rose 3% Y/Y, and the Food segment increased 2% Y/Y in the quarter.

Adjusted EBITDA rose 2.7% Y/Y to $278 million on lower operating costs, thanks to productivity benefits and favorable impacts from currency translations.

As of December 31, 2025, Sealed Air had $344 million in cash.

Takeover By CD&R Funds

In November 2025, the company agreed to be acquired by funds affiliated with CD&R in an all-cash deal valuing the business at $10.3 billion.

The transaction, expected to close in mid-2026, has been unanimously approved by Sealed Air's Board of Directors.

Post closure, Sealed Air will become a privately held company and no longer trade on the New York Stock Exchange.

Consequently, Sealed Air plans not to host an earnings conference this quarter.

SEE Price Action: Sealed Air shares were up 0.14% at $41.94 at the time of publication on Monday, according to Benzinga Pro data.

Photo via Shutterstock

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Volumes fell by less than 1% Y/Y.\nSales in the Protective segment rose 3% Y/Y, and the Food segment increased 2% Y/Y in the quarter.\nAdjusted EBITDA rose 2.7% Y/Y to $278 million on lower operating costs, thanks to productivity benefits and favorable impacts from currency translations.\nAs of December 31, 2025, Sealed Air had $344 million in cash.\nTakeover By CD&R Funds\nIn November 2025, the company agreed to be acquired by funds affiliated with CD&R in an all-cash deal valuing the business at $10.3 billion.\nThe transaction, expected to close in mid-2026, has been unanimously approved by Sealed Air's Board of Directors.\nPost closure, Sealed Air will become a privately held company and no longer trade on the New York Stock Exchange.\nConsequently, Sealed Air plans not to host an earnings conference this quarter.\nSEE Price Action: Sealed Air shares were up 0.14% at $41.94 at the time of publication on Monday, according to Benzinga Pro data.\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2616235240","isCrawlerRequest":true}