Pactiv Evergreen Inc.

Pactiv Evergreen Inc. is a leading manufacturer of fresh food and beverage packaging in North America, with a strong presence in various product categories. With over 14,000 employees, the company is dedicated to the purpose of Packaging a Better Future by producing high-quality, sustainable products for food and beverage manufacturers, supermarkets, restaurants, and institutions. The company's diverse portfolio of over 14,000 products, created from 14 raw materials, reaches consumers approximately five billion times each week in the U.S. alone. This demonstrates the extensive market reach and impact of Pactiv Evergreen Inc. In 2022, the company achieved a net revenue of $6.2 billion, showcasing its substantial financial performance. With 33 warehouses and 8 regional mixing centers across 17 states, Canada, and Mexico, the company has a robust distribution network. Furthermore, it operates 51 manufacturing facilities, indicating its significant production capabilities. Pactiv Evergreen Inc. holds the #1 market share in several key segments, including U.S. molded fiber egg cartons, meat and poultry trays, and North American foodservice packaging. While specific details about the date and location of the last investment, as well as the involved investors, are not available, the company's growth trajectory and market dominance present an attractive opportunity for potential investors. The company's commitment to sustainable and high-quality packaging solutions, coupled with its strong financial performance, positions Pactiv Evergreen Inc. as an interesting prospect for venture capital firms seeking investment opportunities in the food and beverage manufacturing industry.