M&A Deal Summary

Greif Acquires Southline Metal Products

On June 23, 2009, Greif acquired metals/mining company Southline Metal Products

Acquisition Highlights
  • This is Greif’s 1st transaction in the Metals/Mining sector.
  • This is Greif’s 2nd transaction in the United States.
  • This is Greif’s 1st transaction in Texas.

M&A Deal Summary

Date 2009-06-23
Target Southline Metal Products
Sector Metals/Mining
Buyer(s) Greif
Deal Type Add-on Acquisition

Target

Southline Metal Products

Houston, Texas, United States
Southline Metal Products Co. is a manufactures steel pails in a variety of sizes and colors.

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Buyer(S) 1

Buyer

Greif

Delaware, Ohio, United States

website


Category Company
Founded 1877
Sector Packaging
Employees16,000
Revenue 5.6B USD (2021)
DESCRIPTION
Entrance to Greif's corporate headquarters in Delaware, Ohio.
Entrance to Greif's corporate headquarters in Delaware, Ohio.

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.


DEAL STATS #
Overall 3 of 11
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 3 of 9
State (Texas) 1 of 1
Country (United States) 2 of 5
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-01 Blagden Packaging Group NV

Roe, Belgium

Blagden Packaging Group NV is a European supplier of large steel drums. The business has new drum manufacturing plants in the UK, Belgium, Netherlands and Spain and drum reconditioning plants located in Belgium, Germany, Austria, The Netherlands and the UK.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 Box-Board Products

Greensboro, North Carolina, United States

Box-Board Products, Inc. a service oriented and independent manufacturer of quality corrugated products. The company has invested heavily in quick setup, high throughput machinery and established an expertise in just-in-time delivery. Box-Board Products was formed in 1968 and is based in Greensboro, North Carolina.

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