Packaging Corporation of America to buy Greif containerboard business for $1.8B

Packaging Corporation of America agreed to buy Greif's containerboard business for $1.8 billion in cash, including two mills in Ohio and Virginia with about 800,000 tons of annual capacity. The deal is expected to close by the end of PCA's third quarter.

“Packaging Corporation of America is buying Greif's containerboard business in a $1.8 billion cash transaction.”packagingdive.com

• 8 sources
• packagingdive.comPCA buying Greif’s containerboard business for $1.8B | Packaging DiveJul 1, 2025
• ir.packagingcorp.comPackaging Corporation of America Announces Agreement to Purchase Greif Containerboard Business | Packaging Corporation of AmericaJul 1, 2025
• aoshearman.comA&O Shearman advises Greif in the USD1.8 billion sale of containerboard business to Packaging Corporation of AmericaJul 1, 2025
• mayerbrown.comMayer Brown advises Packaging Corporation of America on $1.8 billion acquisition of Greif, Inc.’s containerboard business | News | Mayer BrownJul 1, 2025
• resourcewise.comHow PCA’s Acquisition of Greif Impacts Industry Professionals

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