# Graphic Packaging to acquire Greif's Consumer Packaging Group for $85M

Graphic Packaging agreed to acquire Greif's Consumer Packaging Group business for approximately $85 million, adding seven US converting facilities with over $200 million in annual revenue, with closing expected in Q1 2020.

- Type: Acquisition
- Announced: 2020-01-28
- Where: United States
- Value: $85.0M
- Status: announced
- Capacity: over $200 million in annual revenue
- Products: consumer packaging, paperboard packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Graphic Packaging](https://endata.com/companies/1387.md) (acquirer)
- [Greif](https://endata.com/companies/3215.md) (partner)
- [Greif](https://endata.com/companies/3215.md) (target)

## Sources

- [globalpapermoney.com](https://www.globalpapermoney.com/graphic-packaging-signs-definitive-agreement-to-acquire-the-consumer-packaging-group-business-from-greif-cms-11698&cache_id=30772), 2020-01-28: "Graphic Packaging will acquire seven converting facilities across the U.S. that produce over $200 million in annual revenue."
- [investors.graphicpkg.com](https://investors.graphicpkg.com/news-events/press-releases/detail/80/graphic-packaging-holding-company-signs-definitive-agreement-to-acquire-the-consumer-packaging-group-business-from-greif-inc-reaffirms-2020-guidance), 2020-02-27: "Graphic Packaging will acquire seven converting facilities across the U.S. that produce over $200 million in annual revenue."
- [thepackagingportal.com](https://www.thepackagingportal.com/industry-news/graphic-packaging-to-acquire-greif-business/), 2020-03-02: "Graphic Packaging Holding Company... has entered into a definitive agreement to acquire the Consumer Packaging Group (CPG) business from Greif, Inc. for approximately $85m."
- [globalpapermoney.com](https://www.globalpapermoney.com/graphic-packaging-signs-definitive-agreement-to-acquire-the-consumer-packaging-group-business-from-greif-cms-11698), 2020-03-02: "Graphic Packaging will acquire seven converting facilities across the U.S. that produce over $200 million in annual revenue."

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