Packaging Corporation of America /
Containerboard Business
Packaging Corporation of America purchases Greif’s containerboard business
Source for the buyer, seller and target: Greif, Inc.
For the buyer, seller and target.
buyer and target
“Effective August 31, 2025, Greif, Inc. (the “Company”) completed its previously announced sale of its containerboard business, including its CorrChoice sheet feeder network (the “Containerboard Business”), to Packaging Corporation of America (“Purchaser”).”
seller
“The sale of the Containerboard Business was completed in accordance with the terms of a Purchase and Sale Agreement, dated as of June 30, 2025 (the “Purchase and Sale Agreement”), as amended by Amendment No. 1 to Purchase and Sale Agreement, effective as of June 30, 2025 (“Amendment No. 1 to Purchase and Sale Agreement” and, together with the Purchase and Sale Agreement, the “Agreement”), among Purchaser, the Company, as guarantor, and Greif Packaging LLC, a wholly owned subsidiary of the Company, as seller.”
Published 2 Sep 2025
Open the sourceWhat happened
Packaging Corporation of America purchased Greif, Inc.’s Containerboard Business, including its CorrChoice sheet feeder network. The sale was completed effective Aug. 31, 2025. [01]
The purchase price was $1.8 billion, subject to adjustments under the agreement. [01]
The source
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Packaging Corporation of America purchases Greif’s containerboard business
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