Pactiv Evergreen Inc. Overview
Pro stress-test →Pactiv Evergreen is a leading North American manufacturer and distributor of fresh foodservice, food merchandising packaging, and fresh beverage cartons. The company serves major foodservice chains, retailers, and distributors with innovative, feature-rich packaging solutions that protect and display food and beverages for consumers across two primary business segments.
Strategic Profile
Pro stress-test →The company derives majority revenue from its Food and Beverage Merchandising segment, with strong geographic concentration in the United States. Following its acquisition by Novolex Holdings in April 2025, Pactiv Evergreen strengthened its position as a vertically integrated food and specialty packaging manufacturer, combining complementary product portfolios and distribution networks.
Competitive Landscape
Pro stress-test →Pactiv Evergreen competes in the fragmented food packaging industry against regional and international competitors including Huhtamaki, Berry Global, Sealed Air, and Dart Container. Key differentiators include vertically integrated manufacturing, broad product portfolio spanning multiple packaging formats, established relationships with major foodservice chains and retailers, and North American supply chain optimization.
Industry Context
Pactiv Evergreen Inc. operates in Food Packaging and Containers.
Key facts
Founded: 1880 · Headquarters: Lake Forest, Illinois, US · Employees: 20,000 · Revenue: $5.14B