Greif - M&A Summary and Business Overview

PackagingCompany

Greif M&A Summary

Greif has acquired 14 companies, including 3 in the last 5 years. A total of 10 acquisitions came from private equity firms. It has also divested 4 assets.

Greif’s largest acquisition to date was in 2018, when it acquired Caraustar Industries for $1.8B. It’s largest disclosed sale occurred in 2021, when it sold Soterra to Weyerhaeuser for $149M. Greif has acquired in 4 different US states, and 6 countries. The Company’s most targeted sectors include packaging (46%) and manufacturing (19%).

Greif Business Overview

Where is Greif headquartered?

Greif is headquartered in Delaware, Ohio.

What is Greif’s revenue?

Greif disclosed revenue of 5,556M USD for 2021 and 4,515M USD for 2020.

How many employees does Greif have?

Greif has 16,000 employees.

What sector is Greif in?

Greif is a packaging company.

When was Greif founded?

Greif was founded in 1877.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity11
    • M&A Sell Activity4
  • Total Sectors Invested 6
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 15
  • M&A Advisors 7

Greif

Greif, Inc.

425 Winter Road,
Delaware, Ohio 43015
United States,
(740) 549-6000
www.greif.com

Greif is a global producer of industrial packaging products and services with manufacturing facilities located in over 50 countries. Greif offers a comprehensive line of rigid industrial packaging products, such as steel, fibre and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and reconditioned containers, and services, such as container life cycle services, blending, filling and other packaging services, logistics and warehousing. The Company is also a global producer of flexible intermediate bulk containers and a North American producer of industrial and consumer shipping sacks and multiwall bag products. Greif was founded in 1877 and is based in Delaware, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 8 - - 1 2 - 11
vol $1.8B $300M $538M $2.6B
Sell (0.4/yr) # 2 1 1 - - - 4
vol $85M $149M $234M
  15

Most Recent M&A

Company Date Value Type
Ipackchem Group SAS 2023-10-31 538M USD Divestiture
Paris, France · www.ipackchem.com
Reliance Products Ltd. 2023-10-02 - Divestiture
Winnipeg, Manitoba · www.relianceproducts.com
Lee Container Corporation, Inc. 2022-11-09 300M USD Add-on Acquisition
Homerville, Georgia · www.leecontainer.com
Soterra LLC 2021-02-25 149M USD Divestiture
Flowood, Mississippi · www.soterrallc.com
Greif, Inc. - Consumer Packaging Group 2020-02-27 85M USD Divestiture
Delaware, Ohio
Caraustar Industries, Inc. 2018-12-20 1.8B USD Add-on Acquisition
Austell, Georgia · www.caraustar.com
El Dorado Packaging, Inc. 2014-09-04 - Divestiture
El Dorado, Arizona · www.eldoradopackaging.com
pack2pack Group N.V. 2014-08-01 - Divestiture
Halsteren, Belgium · www.pack2pack.com
pack2pack Group N.V. 2011-08-01 - Add-on Acquisition
Halsteren, Belgium · www.pack2pack.com
Sunjut Suni Jut Sanayi Ve Ticaret A S 2010-06-15 - Add-on Acquisition
Istanbul, Turkey · www.sunjut.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Packaging 5 (45%) 538M (20%) 3 (75%) 85M (36%)
Manufacturing 2 (18%) 300M (11%) - -
Forest Products 1 (9%) 1.8B (68%) 1 (25%) 149M (64%)
Distribution 1 (9%) - - -
Energy Services and Equipment 1 (9%) - - -
Metals/Mining 1 (9%) - - -
Total 11 $2.6B 4 $234M

By Geo

State/Country Buy Value Sell Value
United States 5 2.1B 3 234M
  Georgia 2 2.1B - -
  Texas 1 - - -
  North Carolina 1 - - -
  Louisiana 1 - - -
  Ohio - - 1 85M
  Mississippi - - 1 149M
  Arizona - - 1 -
Belgium 2 - 1 -
Canada 1 - - -
  Manitoba 1 - - -
France 1 538M - -
Germany 1 - - -
Turkey 1 - - -
Domestic 5 (45%) 2.1B (80%) 3 (75%) 234M (100%)
Cross-border 6 (55%) 538M (20%) 1 (25%) -
Total 11 $2.6B 4 $234M

Top M&A Advisors

Financial Deals
Stifel, Nicolaus & Co., Inc.
 2
Goldman Sachs
 2
Deloitte
 1
Legal Deals
Allen & Overy
 3
Pinheiro Neto Advogados
 1
Ice Miller
 1

Deal Values

buy # Total
> $1B 1 $1.8B
$100M to $1B 2 $838M
TOTAL $2.6B
Largest Caraustar Industries, Inc.
$1.8B (2018-12-20)
sell # Total
$100M to $1B 1 $149M
< $100M 1 $85M
TOTAL $234M
Largest Soterra LLC
$149M (2021-02-25)

M&A Connections

Deals
Acquired from
Investor(s)
64%
7 (64%)
Strategic(s)
9%
1 (9%)
Divested to
Investor(s)
50%
2 (50%)
Strategic(s)
50%
2 (50%)

Company Summary

SECTOR

Packaging

Revenue

5,556   24% 2021
4,515   2% 2020
4,595   19% 2019
3,874   7% 2018
3,638   10% 2017
3,324   9% 2016
3,617   15% 2015
4,239   1% 2014
4,219   3% 2013
4,129   2012
(millions of USD) Show More Show Less

Employees

16,000

Established

1877

Public

NYSE: GEF

Former Name

Greif Bros. Corporation

 Subscribe to unlock this and 201,688
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Greif

Ohio Companies , Packaging Companies , United States Companies , Ohio Packaging Companies , Ohio Packaging with Acquisitions , Ohio Packaging with Divestitures

Related Lists for Ohio Companies

Largest Ohio Companies , Acquisitive Ohio Companies , Recently Acquired Ohio Companies , Recently Sold Ohio Companies , Private Ohio Companies , Public Ohio Companies , Acquired Ohio Companies , PE Backed Ohio Companies

Related Lists for Packaging Companies

Largest Packaging Companies , Acquisitive Packaging Companies , Recently Acquired Packaging Companies , Recently Sold Packaging Companies , Private Packaging Companies , Public Packaging Companies , Acquired Packaging Companies , PE Backed Packaging Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal