Industry News, Mergers and Acquisitions, Printers News

Graphic Packaging to Acquire Consumer Packaging Group Business from Greif, Inc. for $85 Million

Graphic Packaging will acquire seven converting facilities across the U.S.

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By: Anthony Locicero

Copy editor, New York Post

Graphic Packaging Holding Company, through its primary U.S. operating company, Graphic Packaging International, LLC., announced it has entered into a definitive agreement to acquire the Consumer Packaging Group business from Greif, Inc. for approximately $85 million. The transaction is expected to close in the first quarter of 2020, subject to standard closing conditions. Graphic Packaging will acquire seven converting facilities across the U.S. that produce over $200 million in annual revenue...

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