# Greif to acquire Lee Container for $300 million

Greif agreed to buy Lee Container Corporation, a North American blow-molded jerrycan maker with three US plants, for $300 million in cash. Closing is expected by the end of 2022, subject to regulatory clearances.

- Type: Acquisition
- Announced: 2022-11-09
- Where: Homerville, GA; Centerville, IA; Nacogdoches, TX, United States
- Value: $300.0M
- Jobs: 500
- Status: announced
- Products: blow-molded jerrycans, barrier containers, small plastic bottles
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Greif](https://endata.com/companies/3215.md) (acquirer)
- [Lee Container Corporation](https://endata.com/companies/9882.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/greif-to-acquire-lee-container-301672455.html), 2022-11-09: "Greif, Inc. today announced it has entered into a definitive agreement to acquire Lee Container Corporation, Inc."
- [greif.com](https://www.greif.com/greif-to-acquire-lee-container/), 2022-11-09: "Greif, Inc. today announced it has entered into a definitive agreement to acquire Lee Container Corporation, Inc."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/greif-lee-container-aquisition/), 2022-11-10: "Greif has entered an agreement to acquire Lee Container for a purchase price of $300m."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/lee-container-greif/), 2022-12-16: "US-based industrial packaging provider Greif has acquired Lee Container, a company that supplies blow-moulded containers, for $300m."

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