Greif

Greif announced it is acquiring Envaplast, a Spanish producer of polymer containers, as reported alongside its fiscal third-quarter 2026 results. Deal value was not given in the excerpt.

ArcelorMittal has partnered with industrial packaging company Greif to produce low-carbon steel drums. The EcoBalance drums use 75% recycled content and aim to match traditional steel drum durability with a smaller environmental footprint.

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.

Packaging Corp of America said it will buy the containerboard business of Greif for $1.8 billion, adding two mills with about 800,000 tons of capacity. The deal is expected to close by the end of the third quarter.

Packaging Corporation of America agreed to buy Greif's containerboard business for $1.8 billion in cash, including two mills in Ohio and Virginia with about 800,000 tons of annual capacity. The deal is expected to close by the end of PCA's third quarter.

Greif is nearing completion of a new bulk corrugated manufacturing facility in Dallas, Texas, making triple wall sheets and jumbo boxes, expected to be operational in spring 2024.

Greif is finalizing construction of a bulk corrugated manufacturing plant in Dallas, Texas, scheduled to open in spring 2024. The plant will mainly make triple wall sheets and jumbo boxes for industrial and agricultural customers.

Greif, Inc. completed its acquisition of Ipackchem Group SAS, a maker of plastic jerrycans and small containers, from SK Capital Partners and other shareholders for approximately $540 million in cash. The deal was announced October 31, 2023.

Greif entered exclusive negotiations to acquire IPACKCHEM Group SAS, a maker of jerrycans and small plastic containers, from an affiliate of SK Capital Partners in a cash deal valued at $538 million. Closing is expected by the end of Greif's second quarter of fiscal 2024, subject to French consultation and regulatory clearances.

Greif completed a $145 million all-cash deal raising its ownership of Centurion Container, a Chicago-area reconditioner of intermediate bulk containers and plastic drums, from 9% to 80%. The deal grows Greif's North American presence.

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.

Greif will invest $13 million over five years to modernize and expand production capacity at its Taylors, Greenville County facility, which makes spiral tubes and cores from recycled paperboard, with completion expected in November.

Greif agreed to divest its 50% share in the Flexible Packaging joint venture to Gulf Refined Packaging for $123 million in cash, subject to conditions. The deal is expected to close by March 31, 2022.

Greif is spending $10 million to add a third jumbo flexo folder gluer at its CorrChoice Concord sheet feeder operation in North Carolina, due by spring 2022, with up to 30 new jobs.

Graphic Packaging Holding Company announced the close of its acquisition of the Consumer Packaging Group business from Greif, Inc., a paper-based consumer packaging business.

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.

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.

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.

Greif won a five-year contract to supply lightweight jerrycans to a leading beverage manufacturer, with product going to bottling companies across Africa. The customer is not named.

Greif is investing in a new blow molder machine at its Vanderbijlpark operation in Gauteng to produce lightweight jerrycans after a major new contract win. The investment supports expansion into Sub-Saharan Africa.

Greif announced on October 15, 2019 that an uncoated recycled board machine with capacity of nearly 65,000 tons per year at its Mobile, Alabama mill will stop operating.

Packaging Corporation of America agreed to purchase Greif's containerboard business for $1.8 billion in cash, including two US mills with about 800,000 tons of capacity and eight corrugated plants, with closing expected by the end of PCA's third quarter.

CorrChoice, a US maker of corrugated paper and industrial packaging, will invest $40 million to increase capacity at its Pennsylvania plant, creating 79 new jobs and enlarging the facility to 32,550 square meters.

Greif has completed its all-cash acquisition of Caraustar Industries for $1.8 billion, expecting at least $45 million in cost synergies within 36 months.

CorrChoice LLC plans a 350,000-square-foot corrugated packaging facility at 350 N. Lingle Ave. in Derry Township, Pennsylvania, backed by a $40 million investment. The project is expected to create 79 jobs and retain 97 jobs in Hazleton and Warminster.

Greif agreed to acquire recycled paperboard maker Caraustar Industries from H.I.G. Capital in a cash deal valued at $1.8 billion. Closing is expected in Q1 2019, with at least $45 million of annual cost synergies identified.

Greif opened a steel drum and container plant in the Vorsino industrial park in the Kaluga region, Russia, with first-phase investment of 800 million rubles and 50 jobs created. Planned output is two million drums per year.

Greif announced plans to open a new CorrChoice sheet feeder facility in the Mid-Atlantic region of the United States, with a corrugator and litho-laminator line and about 80 jobs. The announcement was made on 27 April 2018.