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Greif Acquires Minority Stake in IBC Reconditioning Business

Greif also 'agreed to a clear path to full ownership,' per Ole Rosgaard, Greif group president, Rigid Industrial Packaging & Services and Global Sustainability.

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By: Anthony Locicero

Copy editor, New York Post

Greif, Inc. said it is expanding its intermediate bulk container (IBC) reconditioning network in North America through a minority investment stake in Centurion Container LLC. “Greif is pleased to be taking a minority stake in Centurion and agreed to a clear path to full ownership,” said Ole Rosgaard, Greif group president, Rigid Industrial Packaging & Services and Global Sustainability. “This deal and its partnership will enable us to provide our customers with an enhanced sustainable packa...

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