Pactiv Evergreen Inc.

Pactiv Evergreen Inc. is a leading manufacturer and distributor of fresh food and beverage packaging solutions in North America. Established in 2020 through the merger of two major companies, it is headquartered in Lake Forest, Illinois.

The company operates across two primary segments: Foodservice and Food and Beverage Merchandising.

In the Foodservice segment, Pactiv Evergreen offers a comprehensive range of products, including food containers, drinkware such as hot and cold cups and lids, tableware, service ware, and related items.

The Food and Beverage Merchandising segment focuses on manufacturing cartons for fresh refrigerated beverages like dairy, juice, and specialty drinks, along with clear rigid-display containers, prepared food containers, and trays for meat and poultry.

Product Portfolio

Pactiv Evergreen's extensive product portfolio includes over 14,000 individual items across 14 different materials. These products serve various markets such as restaurants, foodservice distributors, supermarkets, grocery retailers, food producers, and processors.

Commitment to Sustainability

Sustainability is a core focus for the company. It aims that by 2030, 100% of its net revenues will come from products made with recycled, recyclable, or renewable materials.

As of 2023, it is approximately two-thirds of the way toward this goal and continues investing in research and development for more sustainable packaging solutions.

Merger and Expansion

In April 2025, Pactiv Evergreen completed a significant merger with Novolex, a leading manufacturer in food, beverage, and specialty packaging products.

This merger enhanced its manufacturing expertise, R&D capabilities, and product offerings, solidifying Pactiv Evergreen’s position in the packaging industry.

Locations and Facilities

Pactiv Evergreen operates over 50 manufacturing facilities, warehouses, and distribution centers across North America, Europe, and Asia to efficiently serve its diverse customer base.

The company has key locations including:

• Stockton, CA, USA - manufacturing facility
• Joliet, IL, USA
• Lake Forest, Illinois - company headquarters

Stock Market Status

As of April 1, 2025, Pactiv Evergreen Inc. was delisted from the NASDAQ stock exchange following its acquisition by Novolex.