Sealed Air Corporation (NYSE: SEE) announced it has received all required regulatory approvals for its pending acquisition by funds affiliated with CD&R. The transaction is expected to close in April 2026, subject to 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.

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.

Sealed Air is a packaging solutions provider that designs, manufactures and delivers packaging solutions across multiple end markets including fresh proteins, foods, medical and life science, e-commerce retail, and industrials. The company generated $5.4 billion in net sales in 2025 and has approximately 16,100 employees serving customers in 119 countries and territories.

The information is based on a company press release statement.