Greif is selling its Containerboard business to reduce debt and create shareholder value

From Nasdaq: 2025-07-02 11:10:00

Greif, Inc. announced a deal to sell its Containerboard business to Packaging Corporation of America for $1.8 billion. This move will help Greif reduce debt and create value for shareholders, aligning with its strategic goals.

The Containerboard business includes two mills with a production capacity of 800,000 tons and eight sheet feeder and corrugated plants in the U.S. Greif generated $1.2 billion in revenue and $212 million in EBITDA from this business in fiscal year 2025.

Greif reported adjusted earnings per share of $1.19 for Q2 fiscal 2025, beating estimates. Revenues were up 1.1% to $1.39 billion, missing expectations. The stock has gained 26.4% in the past year, outperforming the industry.

With a Zacks Rank #1, Greif is well-positioned for growth. Other top-ranked stocks in the Industrial Products sector include Life360, Inc. and Federal Signal Corporation. Life360 has seen a 117.3% rise in share price, while Federal Signal has gained 18.9% in the past year.

Zacks Investment Research has identified a little-known satellite-based communications firm as a top pick for potential growth. With a projected revenue breakout in 2025, this stock could double in value. Learn more about this opportunity and other top stock picks from Zacks.



Read more at Nasdaq: Greif to Sell Containerboard Business, Boost Debt-Reduction Efforts