Reynolds Consumer Products Inc. (NasdaqGS:REYN) will look for acquisitions. Scott Huckins, Chief Financial Officer said "On capital allocation, our top priority remains the enhancement of financial flexibility through ongoing debt reduction. We continue to estimate free cash flow of over $300 million this year.

As a result, we are tracking very well against our plan for leverage to be within our target range of 2x to 2.5x adjusted EBITDA at year-end. Our other capital allocation priorities to invest in organic growth, automation and other Reyvolution cost savings. And to pursue targeted acquisitions consistent with our marketplace position and core competencies are unchanged".