# Greif completes sale of Consumer Packaging Group to Graphic Packaging for $85M

Greif Inc. completed the divestiture of its Consumer Packaging Group business to Graphic Packaging Holding for $85 million in cash, with proceeds used for debt repayment.

- Type: Closure
- Announced: 2020-04-01
- Value: $85.0M
- Status: completed
- Products: consumer packaging, folding cartons
- 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)

## Sources

- [smartbusinessdealmakers.com](https://www.smartbusinessdealmakers.com/articles/topic/grief-completes-cpg-divesture-buys-minority-stake-in-centurion-container/), 2020-04-01: "Greif Inc. ... has completed its divestiture of the Consumer Packaging Group business for $85 million in cash to Graphic Packaging Holding Co."

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