GEF Boosts Debt-Reduction Efforts With Sale of Containerboard Business

Key Takeaways Greif completed the sale of its containerboard unit to Packaging Corp.The divestment aligns with GEF's Build to Last strategy, enhancing capital efficiency.GEF updated its 2025 EBITDA guidance to $507-$517M, excluding the sold business.Greif, Inc. (GEF) announced that it closed the sale of its containerboard business to Packaging Corporation of America (PKG) . This move will help Greif's debt-reduction efforts and boost its capital efficiency.Details on GEF-PKG DealGreif inked a definitive agr ...