Acquiring Company
Greif
Acquired Company
Reliance Products Ltd
DelawareManufacturingAgriculture and FarmingManufacturingAgriculture and FarmingDescription
Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it has acquired Reliance Products, Ltd. ("Reliance Products" or "Reliance"), a leading producer of high-performance barrier and conventional blow molded jerrycans and small plastic containers in Canada. The all-cash transaction, which reflects approximately 6.75x proforma adjusted EBITDA, was funded through Greif's existing credit facility.
Quick answer
Greif is acquiring Reliance Products Ltd, announced October 2, 2023. Greif is based in Delaware, Ohio, United States.
- How much did Greif pay for Reliance Products Ltd?
- The deal value was not disclosed.
- 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..
- Where are Greif and Reliance Products Ltd based?
- Greif is based in Delaware, Ohio, United States.
- Who are the decision-makers at Greif?
- Fundz holds 2 contacts at Greif. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Reliance Products Ltd?
Reliance Products Ltd was acquired by Greif, based in Delaware. The deal was reported on October 2, 2023. Greif is publicly traded (GEF) and operates in Manufacturing.
When did Greif acquire Reliance Products Ltd?
Greif's acquisition of Reliance Products Ltd was reported on October 2, 2023. Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it has acquired Reliance Products, Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Reliance Products Ltd do?
Headquartered in Winnipeg, Manitoba, Canada, Reliance is a leading manufacturer of plastic containers for certain specialty markets throughout Canada and the United States. It is privately held, operating in Manufacturing.
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