Greif Completes Sale of Timberlands Business

Core Points - Greif, Inc. has completed the sale of its timberlands business to Molpus Woodlands Group for approximately $462 million after adjustments [1][2] - The sale is part of Greif's strategy to achieve the highest return on invested capital and is expected to lower the company's leverage ratio below 1.2x, enhancing its balance sheet and providing significant interest savings for fiscal 2026 [2] Company Overview - Greif, Inc. is a global leader in performance packaging, operating in 40 countries and providing innovative and tailored solutions for various industries [3] - The company emphasizes customer service, operational excellence, and sustainability in its packaging solutions [3]