Greif Completes Sale of Timberlands Business
Rhea-AI Summary
Greif (NYSE: GEF) has successfully completed the sale of its timberlands business to Molpus Woodlands Group for approximately $462 million after adjustments. The transaction, along with the recently completed sale of their containerboard business, is expected to reduce the company's leverage ratio to below 1.2x.
CEO Ole Rosgaard emphasized that this divestment aligns with Greif's strategy to maximize return on invested capital. The combined proceeds from both sales are anticipated to strengthen the company's balance sheet and deliver significant interest savings as they enter fiscal 2026. Perella Weinberg acted as the exclusive adviser for the transaction.
Positive
- Sale of timberlands business for $462 million
- Expected reduction in leverage ratio to below 1.2x
- Anticipated significant interest savings for fiscal 2026
- Strategic alignment with focus on highest return on invested capital
Negative
- Divestment of major business segment reduces company's asset portfolio
- Potential impact on revenue diversification following sale of both timberlands and containerboard businesses
News Market Reaction – GEF
On the day this news was published, GEF gained 0.27%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DELAWARE, Ohio, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has completed the previously announced sale of its timberlands business to Molpus Woodlands Group, on behalf of clients, for approximately
“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.
About Greif, Inc.
Founded in 1877, Greif is a global leader in performance packaging located in 40 countries. The company delivers trusted, innovative, and tailored solutions that support some of the world’s most demanding and fastest-growing industries. With a commitment to legendary customer service, operational excellence, and global sustainability, Greif packages life’s essentials – and creates lasting value for its colleagues, customers, and other stakeholders. Learn more about the company’s Customized Polymer, Sustainable Fiber, Durable Metal, and Integrated Solutions at www.greif.com and follow Greif on Instagram and LinkedIn.
Concerning Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to statements about future expectations, prospects, estimates and other matters that are dependent upon future events or developments. These forward-looking statements may be identified by words such as "expect," "anticipate," "intend," "plan," "believe," "will," "should," "could," "would," "project," "continue," "likely," and similar expressions, and include statements reflecting future results, trends or guidance and statements of outlook. All forward-looking statements are based on assumptions, expectations and other information currently available to management. All forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those forecasted, projected or anticipated, whether expressed or implied. These risks and uncertainties include those described in its Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports. This release reflects management's views as of the date of this release. Except to the extent required by applicable law, Greif undertakes no obligation to update or revise any forward-looking statement.
Contact:
Bill D’Onofrio
Vice President, Corporate Development & Investor Relations
(614) 499-7233 | bill.donofrio@greif.com
