Greif completed the acquisition of an additional 71% stake in Centurion Container for $145m.

Greif, an industrial packaging products and services provider, completed the acquisition of an additional 71% stake in Centurion Container, an intermediate bulk container and plastic drum reconditioning company, for $145m. "The Centurion joint venture has seen rapid growth since our initial investment in 2020. We are excited to take a majority stake in this business as it aligns with our strategy, is immediately margin-accretive and directly supports our third Build to Last mission of Protecting our Future through investments in the circular economy," Ole Rosgaard, Greif President and CEO.