Announced
Completed
Financials
Tags
Private
Single Bidder
Majority
Acquisition
Friendly
containers
Containers and Packaging
United States
Domestic
Completed
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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