Ohio

Greif, Inc.Completes Sale of Timberland to Weyerhaeuser Company | Ohio

Delaware, Ohio, April 30, 2021 / PRNewswire /-Greif, Inc., a world leader in industrial packaging products and services. (NYSE: GEF, GEF.B) today announced that it has completed the previously announced sale of 69,200 acres of forest area in the southwest. Alabama About Weyerhaeuser Company (NYSE: WY) $ 149 million In cash.

The proceeds from the sale will be used to repay debt and accelerate the transfer of Graef’s corporate value from debt to shareholders in line with our set financial priorities.

Greif, Inc.about

Graef is a world leader in industrial packaging products and services and pursues that vision. For industrial packaging, we will be the best performing customer service company in the world. The company manufactures steel, plastic, fiber drums, intermediate bulk containers, recycled containers, flexible products, container boards, uncoated recycled paperboard, coated recycled paperboard, tubes and cores, and a variety of specialty product combinations. I am. We also manufacture packaging accessories and provide filling, packaging and other services for a wide range of industries.In addition, Greif manages southeastern timber assets America.. We are strategically located in more than 40 countries and serve our global and regional customers. Additional information can be found on our website. www.greif.com..

contact information:

Matt Eichmann

Office: 740–549–6067

Email: matt.eichmann@greif.com

To download multimedia, view the original content.http://www.prnewswire.com/news-releases/greif-inc-completes-the-sale-of-timberlands-to-weyerhaeuser-company-301280703.html

Source Greif, Inc.

Greif, Inc.Completes Sale of Timberland to Weyerhaeuser Company | Ohio

Source link Greif, Inc.Completes Sale of Timberland to Weyerhaeuser Company | Ohio

Related Articles

Back to top button