CHARLOTTE, N.C. (News release) -- Sealed Air Corporation announced that it has received all regulatory approvals required to complete the Company's pending acquisition by funds affiliated with CD&R. The transaction is expected to close in April 2026, subject to the satisfaction of remaining customary closing conditions.

"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," said Dustin Semach, President and Chief Executive Officer of 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 transaction, Sealed Air will become a privately held company, and its common stock will no longer be traded on the New York Stock Exchange.