Greif Completes $462 Million Timberlands Sale to Molpus Woodlands Group, Sharpening Industry Focus

Greif, Inc., a global leader in industrial packaging, announced the completion of its timberlands business sale to Molpus Woodlands Group for approximately $462 million after adjustments. This divestment covers over 173,000 acres across the Southeastern US and aligns with Greif’s strategy to concentrate on higher-margin and less cyclical markets. The move, coupled with the recent sale of its containerboard business, positions Greif to lower its leverage ratio below 1.2x, strengthen its balance sheet, and achieve significant interest savings for fiscal 2026. CEO Ole Rosgaard stated this transaction reinforces Greif’s commitment to maximizing returns on invested capital and enables further long-term value creation. The proceeds will be directed towards debt reduction and operational optimization, marking a pivotal step in Greif’s ongoing portfolio transformation and growth strategy.