# Greif takes minority stake in Centurion Container to expand IBC reconditioning

Greif announced a minority investment stake in Centurion Container LLC to expand its intermediate bulk container reconditioning network in North America, with a clear path to full ownership.

- Type: Investment
- Announced: 2020-04-01
- Where: North America, United States
- Status: announced
- Products: intermediate bulk containers, IBC reconditioning
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Greif](https://endata.com/companies/3215.md) (investor)
- [Centurion Container](https://endata.com/companies/6307.md) (target)

## Sources

- [smartbusinessdealmakers.com](https://www.smartbusinessdealmakers.com/articles/topic/grief-completes-cpg-divesture-buys-minority-stake-in-centurion-container/), 2020-04-01: "Greif is pleased to be taking a minority stake in Centurion and agreed to a clear path to full ownership."

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