# Packaging Corp to buy Greif containerboard business for $1.8 billion

Packaging Corp of America said it will buy the containerboard business of Greif for $1.8 billion, adding two mills with about 800,000 tons of capacity. The deal is expected to close by the end of the third quarter.

- Type: Acquisition
- Announced: 2025-07-01
- Where: United States
- Value: $1.80B
- Status: announced
- Capacity: about 800,000-ton production capacity
- Products: containerboard, corrugated products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Packaging Corp. of America](https://endata.com/companies/1578.md) (acquirer)
- [Greif](https://endata.com/companies/3215.md) (partner)

## Sources

- [ca.finance.yahoo.com](https://ca.finance.yahoo.com/news/packaging-corp-buy-greifs-containerboard-112340537.html), 2025-07-01: "Packaging Corp of America said on Tuesday it would buy the containerboard business of peer Greif for $1.8 billion."
- [reuters.com](https://www.reuters.com/legal/transactional/packaging-corp-buy-greifs-containerboard-business-18-billion-2025-07-01/), 2025-07-01: "Packaging Corp of America said on Tuesday it would buy the containerboard business of peer Greif for $1.8 billion."

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