SEALED AIR Business Summary

Sealed Air Corporation (SEE) operates as a global leader in protective and performance-enhancing packaging solutions, generating revenue through the sale of high-performance materials, automated packaging equipment, and integrated services. The company is structured into two primary market-focused segments: Food and Protective. The Food segment, anchored by the Cryovac brand, provides vacuum-sealed and shelf-life-extending solutions for fresh proteins and liquids. The Protective segment focuses on e-commerce fulfillment and industrial protection through iconic brands such as Bubble Wrap, Sealed Air, and Autobag. As of early 2026, the company is in the final stages of a $10.3 billion take-private acquisition by Clayton, Dubilier & Rice (CD&R), a move intended to accelerate its operational transformation and digital automation strategy. Sealed Air competes directly with global packaging giants such as Amcor, Greif, Packaging Corporation of America (PKG), and Sonoco Products, maintaining a premium market position through its specialized focus on high-barrier food protection and proprietary cushioning technologies. Originally founded in 1960 by Alfred W. Fielding and Marc Chavannes—the inventors of Bubble Wrap—Sealed Air is currently led by President and CEO Dustin Semach, who was appointed in February 2025. Semach brings extensive experience in business transformation and finance, having previously served as the company's CFO and held executive roles at TTEC and Rackspace Technology. The leadership team was further strengthened in August 2025 with the appointment of Kristen Actis-Grande as Chief Financial Officer, who joined from MSC Industrial Supply and spent 17 years in finance leadership at Ingersoll Rand. The company's strategic direction is overseen by a board chaired by Henry Keizer and includes notable industry veterans such as Anthony Allott, former CEO of Silgan Holdings. Following the pending acquisition, the company will transition from public ownership to the private equity portfolio of CD&R, which is recognized for its long-term investment in industrial and distribution-heavy enterprises.