Acquiring Company
Greif
Acquired Company
Lee Container
DelawareManufacturingAgriculture and FarmingManufacturingAgriculture and FarmingDescription
Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has entered into a definitive agreement to acquire Lee Container Corporation, Inc. ("Lee Container" or "Lee"), an industry-leading manufacturer of high-performance barrier and conventional blow molded containers, for a purchase price of $300 million before taking into consideration tax benefits with an estimated net present value of approximately $30 million. The all-cash transaction will be funded through Greif's existing credit facility and is expected to close by the end of the calendar year, subject to customary closing conditions, including regulatory clearances.
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Who to call at Greif, and when
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Frequently asked
Who acquired Lee Container?
Lee Container was acquired by Greif, based in Delaware. The deal was reported on November 9, 2022. Greif is publicly traded (GEF) and operates in Manufacturing.
When did Greif acquire Lee Container?
Greif's acquisition of Lee Container was reported on November 9, 2022. Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has entered into a definitive agreement to acquire Lee Container Corporation, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lee Container do?
Lee Container Corporation, Inc. It is privately held, operating in Manufacturing.
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