Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally. It operates in two segments, Foodservice, and Food and Beverage Merchandising. The company offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. It also provides cartons for fresh refrigerated beverage products, including dairy, juice, and other specialty beverage; and clear rigid-display containers, containers for prepared and ready-to-eat food, and trays for meat and poultry and egg cartons. The company offers its products to full and quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and processors. The company was formerly known as Reynolds Group Holdings Limited. The company was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited. As of April 1, 2025, Pactiv Evergreen Inc. operates as a subsidiary of Novolex Holdings, LLC.
Market Dynamics | Explore Pactiv Evergreen's navigation of industry challenges, including end-market weakness and operational hurdles, impacting its recent financial performance |
Strategic Acquisition | Delve into the implications of Novolex's acquisition of PTVE, examining potential synergies and integration risks for the packaging giant |
Operational Excellence | Learn how PTVE's focus on cost management and portfolio optimization positions it for potential margin improvements and profitability gains |
Future Outlook | Discover analysts' cautiously optimistic projections for PTVE, with EBITDA estimates of $800M for FY2024 and $850M for FY2025, and price targets ranging up to $18 |