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Greif Completes Sale of Timberlands Business
Globenewswire· 2025-10-02 12:00
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]
Greif Appoints Dennis Hoffman as General Counsel
Globenewswire· 2025-10-01 12:00
Core Viewpoint - Greif, Inc. has appointed Dennis Hoffman as Senior Vice President, General Counsel, and Corporate Secretary, succeeding Gary Martz, who will retire on November 30, 2025 [1][3]. Group 1: Leadership Transition - Dennis Hoffman brings extensive experience in corporate law, governance, mergers and acquisitions, joint ventures, and environmental compliance, having worked closely with Gary Martz for the past 15 years [2]. - Ole Rosgaard, President and CEO, expressed confidence in Hoffman's leadership and business orientation, stating he is well-suited to guide Greif's legal, compliance, and governance agenda [3]. - Gary Martz has served in his role for over two decades, significantly contributing to Greif's corporate governance and strategic transactions, and will assist in the transition until his retirement [3]. Group 2: Company Overview - Greif, founded in 1877, operates in 40 countries and is a leader in performance packaging, providing innovative and tailored solutions for various industries [4]. - The company emphasizes customer service, operational excellence, and sustainability, aiming to create lasting value for stakeholders [4].
Greif, Inc. Announces 2025 Fourth Quarter Earnings Release and Conference Call Dates
Globenewswire· 2025-09-30 20:05
Core Points - Greif, Inc. will report its 2025 fourth quarter financial results on November 5, 2025, after market close [1] - A conference call to discuss the results will take place on November 6, 2025, at 8:30 a.m. ET [1] - The company will provide conference call slides along with the earnings press release [2] Conference Call Details - Participants can access the call through an online registration link, receiving a confirmation with dial-in details and a unique conference call code [3] - Phone lines will open at 8:00 a.m. ET on November 5, 2025 [3] - A digital replay of the conference call will be available two hours after the call on the company's website [3] Company Overview - Greif, founded in 1877, is a global leader in performance packaging, operating in 40 countries [4] - The company focuses on delivering innovative and tailored solutions for demanding industries, emphasizing customer service, operational excellence, and sustainability [4] - Greif's product offerings include Customized Polymer, Sustainable Fiber, Durable Metal, and Integrated Solutions [4]