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Synopsis
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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