SON Sonoco Products Company

AirBridge Cargo Airlines to Offer Sonoco ThermoSafe’s Pegasus ULD™

AirBridge Cargo Airlines to Offer Sonoco ThermoSafe’s Pegasus ULD™

ARLINGTON HEIGHTS, Ill., Nov. 02, 2020 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and the leading global provider of temperature assurance packaging for life sciences and healthcare, announced that AirBridge Cargo Airlines, a unit of Volga-Dnepr Group, has signed a Master Lease Agreement (MLA) to offer ThermoSafe’s new Pegasus ULD™ bulk temperature controlled container directly to its clients.   

The Pegasus ULD™ is the world’s first passive bulk temperature-controlled container for pharmaceutical use that is an FAA-approved unit load device, which allows it to speed through existing international ground handling and customs processes at the lowest possible cost.   

Engineered with composite materials, the Pegasus ULD™ will offer a lighter solution that is substantially more damage-resistant than traditional metal containers. Additionally, the Pegasus contains a fully integrated, FAA approved telemetry system, providing real-time, cloud-based data on payload and ambient temperature and key environmental factors, precisely synchronized with GPS location.  

Yulia Celetaria, Global Pharma Director for AirBridgeCargo Airlines, commented, “We are delighted to move one step further together with Sonoco ThermoSafe and introduce this revolutionary ULD to our customer, which creates a number of benefits and simplifies the operations process. Since 2019, we have been working with Sonoco to guarantee safe and reliable healthcare logistics, which has become of paramount importance this year. Sonoco ThermoSafe has been able to quickly adjust to the market demands and engineer the new Pegasus ULD, which will be highly appreciated by the Life Science and Healthcare community, especially for large volumes of pharmaceutical shipments.”

Bourji Mourad, Pegasus’ Director of Global Logistics & Partner Management at Sonoco ThermoSafe added, “The inclusion of our Pegasus Passive Unit Load Device to ABC Pharma will offer our mutual customers peace of mind performance-wise and a more cost-effective way of transporting life-saving drugs around the globe.”

Visit to learn more.

About Sonoco ThermoSafe

Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON), is a leading global provider of temperature assurance packaging for the safe and efficient transport of pharmaceuticals, biologics, vaccines and other temperature-sensitive products. Sonoco ThermoSafe shipping solutions mitigate risk for customers and ensure product efficacy throughout the extremes of a supply chain. With operations in the Americas, Europe and Asia, Sonoco ThermoSafe has a vast product offering featuring industry-leading technology that encompasses refrigerated, frozen or controlled room temperature applications. In addition, Sonoco ThermoSafe's ISC Labs® deliver individualized design and testing services and innovative packaging solutions along with qualification and validation services to meet all regulatory requirements. More information can be found at .

About Sonoco

Founded in 1899, Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.4 billion, the Company has 23,000 employees working in approximately 300 operations in 36 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company ranked first in the Packaging sector on Fortune’s World’s Most Admired Companies for 2020 as well as Barron’s 100 Most Sustainable Companies. For more information, visit .

Contact: 
Brian Risinger
 
 
EN
02/11/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sonoco Products Company

 PRESS RELEASE

Sonoco Completes Sale of ThermoSafe Unit to Arsenal Capital Partners

Sonoco Completes Sale of ThermoSafe Unit to Arsenal Capital Partners HARTSVILLE, S.C., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it has completed the sale of its ThermoSafe business unit (“ThermoSafe”), one of the leading providers of temperature assurance technologies, to Arsenal Capital Partners (“Arsenal”), a leading private equity investment firm that specializes in building market-leading industrial growth and healthcare companies, for a total purchase price o...

Jonathan Moreland
  • Jonathan Moreland

Monthly Insider Special Screens: November 1, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: November 1, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Sonoco Products Co: 2 directors

Two Directors at Sonoco Products Co bought/maiden bought 23,006 shares at between 39.500USD and 39.870USD. The significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch