Greif, Inc. Acquires Lee Container Corporation

Greif Acquires Majority Stake in Centurion Container LLC

April 3, 2023

Industrial Services

Greif, Inc. completed an all-cash transaction to increase its ownership in Centurion Container LLC from 9% to 80% for $145 million, funded through Greif's existing credit facility. Centurion, a North American leader in IBC and plastic drum reconditioning with eight U.S. facilities, will be reported within Greif's Global Industrial Packaging segment and expand Greif's reusable packaging and circular-economy capabilities in North America.

Greif, Inc. Agrees to Acquire IPACKCHEM Group SAS from SK Capital Partners

October 31, 2023

Packaging

Greif, Inc. has entered into exclusive negotiations to acquire IPACKCHEM Group SAS from an affiliate of SK Capital Partners in a cash transaction valued at $538 million. IPACKCHEM, headquartered in Paris with ~1,400 employees and LTM sales of ~$235 million (adjusted EBITDA ~$57 million), will expand Greif's capabilities in premium barrier and small plastic containers and support growth in EMEA and APAC.

Greif Inc. Acquires 51% Stake in ColePak LLC

September 1, 2023

Packaging

Greif Inc. acquired a 51% majority ownership interest in ColePak LLC in an all-cash transaction funded through Greif's existing credit facility. The deal adds ColePak’s paper partition product line to Greif’s paper converting portfolio, is immediately accretive to margins, and provides exposure to stable food & beverage end markets; Cole family owners Jason and Ryan Cole will remain involved.

Triton International Acquires Global Container International

July 1, 2025

Logistics & Distribution

Triton International Limited completed the acquisition of Global Container International LLC (GCI), integrating GCI's approximately 500,000 TEU container fleet and long-term lease portfolio into Triton. The seller was Wafra (and other selling shareholders), and the deal expands Triton's scale and leasing capabilities in the global container market.

Mauser Packaging Solutions Acquires Consolidated Container Company, LLC

February 2, 2024

Packaging

Mauser Packaging Solutions, an affiliate of Stone Canyon Industries LLC, has acquired substantially all assets of Consolidated Container Company, LLC, a manufacturer, reconditioner and distributor of industrial containers with facilities in Minneapolis, Minnesota and Kansas City, Kansas. The transaction, funded with $56 million in cash from Mauser's balance sheet, expands Mauser’s reconditioning and recycling capabilities and geographic footprint and is expected to be margin accretive before synergies.

The Cary Company Acquires Containers Unlimited

October 21, 2021

Packaging

The Cary Company, a privately owned supplier of containers and facility products based in Addison, Illinois, has acquired Containers Unlimited, a family-owned industrial container distributor and reconditioner headquartered in Hayward, California. The acquisition expands The Cary Company's West Coast footprint and adds reconditioning capabilities with Containers Unlimited's multiple California locations.