Acquiring Company
Packaging Corporation of America
Acquired Company
Greif
Lake ForestDelawareManufacturingAgriculture and FarmingManufacturingAgriculture and FarmingDescription
On August 31, 2025, Packaging Corporation of America completed the acquisition of Greif's containerboard business for approximately $1.8 billion. This acquisition significantly expands PCA's production capacity with additional mills and plants across the U.S. The deal was funded through a mix of cash and new borrowings. This strategic move enhances PCA's market position and operational capabilities.
Quick answer
Packaging Corporation of America is acquiring Greif for $1.8 billion, announced September 2, 2025. Packaging Corporation of America is based in Lake Forest, Illinois, United States.
- How much did Packaging Corporation of America pay for Greif?
- The reported deal value is $1.8 billion.
- What does Packaging Corporation of America do?
- Packaging Corporation of America is the third largest producer of containerboard products in North America.
- Where are Packaging Corporation of America and Greif based?
- Packaging Corporation of America is based in Lake Forest, Illinois, United States. Greif is based in Delaware, Ohio, United States.
- Who are the decision-makers at Packaging Corporation of America?
- Fundz holds 3 contacts at Packaging Corporation of America. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Packaging Corporation of America, and when
When Packaging Corporation of America changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Packaging Corporation of America raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Packaging Corporation of America, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Greif?
Greif was acquired by Packaging Corporation of America, based in Lake Forest. The deal was reported on September 2, 2025. Packaging Corporation of America is the third largest producer of containerboard products in North America. The company operates eight mills and 86 corrugated products plants and related facilities. Packaging Corporation of America is publicly traded (PKG) and operates in Manufacturing.
When did Packaging Corporation of America acquire Greif?
Packaging Corporation of America's acquisition of Greif was reported on September 2, 2025. On August 31, 2025, Packaging Corporation of America completed the acquisition of Greif's containerboard business for approximately $1.8 billion. This acquisition significantly expands PCA's production capacity with additional mills and plants across the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Greif do?
Greif has also recently received its new MSCI ESG rating of AA which is used to measure a company's management of financially relevant ESG risks and opportunities, giving investors and customers an indication about its sustainability performance. It is publicly traded (GEF), operating in Manufacturing, and is based in Delaware.
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