# Greif completes acquisition of Ipackchem Group SAS for about $540 million

Greif, Inc. completed its acquisition of Ipackchem Group SAS, a maker of plastic jerrycans and small containers, from SK Capital Partners and other shareholders for approximately $540 million in cash. The deal was announced October 31, 2023.

- Type: Acquisition
- Announced: 2024-03-25
- Value: $540.0M
- Status: completed
- Products: jerrycans, small plastic containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Greif](https://endata.com/companies/3215.md) (acquirer)
- [SK Capital Partners](https://endata.com/companies/7815.md) (partner)
- [IPACKCHEM Group](https://endata.com/companies/7816.md) (target)

## Sources

- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/GREIF-INC-12735/news/Greif-Inc-completed-the-acquisition-of-Ipackchem-Group-SAS-from-SK-Capital-Partners-LP-and-other-46296574/), 2024-03-25: "Greif, Inc. completed the acquisition of Ipackchem Group SAS from SK Capital Partners, LP and other shareholders."
- [vectorshift.ai](https://vectorshift.ai/research/deals/greif-ipackchem-sas-2024), 2024-03-26: "Greif acquired Ipackchem Group SAS, a global leader in premium barrier and non-barrier jerrycans and small plastic containers, for a total purchase price of $582.1 million."
- [stocktitan.net](https://www.stocktitan.net/news/GEF/greif-completes-acquisition-of-rzdfsqe3iqlc.html), 2024-03-26: "The cash funded at closing consisted of the previously announced transaction value of $538 million, plus $38 million for a ticking fee."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.