Packaging Corporation of America completes $1.8B purchase of Greif containerboard business

Packaging Corporation of America completed its $1.8 billion cash acquisition of Greif's containerboard business, with the transaction closing on Sunday. Greif will use the proceeds to pay down about $1.4 billion of debt.

“Greif completed the divestiture of its containerboard business to Packaging Corporation of America for $1.8 billion in cash.”packagingdive.com

• 1 source
• packagingdive.comPCA completes $1.8B acquisition of Greif’s containerboard business | Packaging DiveSep 2, 2025

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