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

SK Capital Partners Acquires IPACKCHEM Group SAS

April 6, 2021

Manufacturing

SK Capital Partners, a New York-based private investment firm focused on specialty materials and chemicals, has completed the acquisition of IPACKCHEM Group SAS, a Paris-headquartered manufacturer of sustainability-oriented barrier plastic packaging for the crop protection and specialty chemicals markets. SK Capital said it will partner with IPACKCHEM's management to accelerate organic and acquisitive growth and expand the company's global market position.

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.

IPACKCHEM Group Acquires Majority Stake in TPG Plastics LLC

October 5, 2022

Packaging

IPACKCHEM Group acquired a majority stake in TPG Plastics LLC to bring its Advanced In‑Mold Fluorination (Advanced IMF) barrier packaging technology to North America and serve the crop protection market. The deal gives IPACKCHEM a manufacturing foothold in Murray, Kentucky and includes near‑term investments to expand capacity and support growth into additional life‑enhancing chemical segments.

Greif, Inc. Acquires Lee Container Corporation

December 15, 2022

Packaging

Greif, Inc. completed the acquisition of Lee Container Corporation for $300 million in an all-cash transaction funded through Greif's existing credit facility. The acquisition expands Greif's jerrycan and small-plastic container footprint in North America, is expected to be margin-accretive, and to generate approximately $6 million in synergies within the first two years.

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.

SC Pack Group Acquires Frapak Packaging

September 16, 2025

Packaging

The SC Pack Group, backed by private equity investor MML Capital, has acquired Frapak Packaging — a longstanding partner and European supplier of glass and sustainable plastic packaging. The deal expands SC Pack’s European footprint and product portfolio, creating a combined group with ~€350m revenue and roughly 500 packaging professionals across more than 15 countries.