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New Deal


Announced

Completed

Greif completed the acquisition of Lee Container for $300m.

Financials

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Transaction Value£242m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.7x
EV/EBITDA8.45x
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Majority

Acquisition

Friendly

containers

Containers and Packaging

United States

Domestic

Completed

Synopsis

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Greif, an industrial packaging products and services provider, completed the acquisition of Lee Container, a manufacturer of high-performance barrier and conventional blow molded containers, for $300m. "We are thrilled to welcome our Lee Container colleagues to Greif. Completion of this acquisition is very exciting for both companies. Lee is a premiere organization and fits perfectly within the strategic parameters of our repeatable M&A playbook. We foresee abundant opportunities to continue growing Lee organically as well as seeking add-on acquisitions to further broaden our footprint in jerrycans and small plastics," Ole Rosgaard, Greif President and CEO.

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