Nip Impressions logo
Fri, Oct 3, 2025 15:59
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Greif completes $462 million timberlands sale to Molpus Woodlands Group

DELAWARE, Ohio (News release) -- Greif, Inc., a global leader in industrial packaging products and services, announced that it has completed the previously announced sale of its timberlands business to Molpus Woodlands Group, on behalf of clients, for approximately $462 million after adjustments.

"The closing of this sale reinforces the commitment of Greif to pursue the highest return on invested capital across our portfolio." said Ole Rosgaard, President and CEO of Greif. "Combined with the recently completed sale of our containerboard business, these cash proceeds are expected to put our leverage ratio below 1.2x, strengthening our balance sheet and providing significant interest savings heading into fiscal 2026."

Perella Weinberg served as exclusive adviser to Greif during the transaction.

Are your products listed in the Paperitalo Supplier Directory? If not, click here.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: