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Greif Completes Acquisition of Caraustar Industries Caraustar’s four business lines include Recycling Services, Mill Group (coated and uncoated paperboard and specialty paperboard products), Industrial Products Group (tubes and cores, construction products, protective packaging, adhesives) and Consumer Packaging (folding cartons, set-up boxes, packaging services)
Greif to Acquire Caraustar Industries Caraustar serves the four principal recycled boxboard product end-use segments: tubes and cores; folding cartons; gypsum facing paper; and specialty paperboard products The company is headquartered in Austell, GA and is owned by H I G Capital
ACQUISITION OF CARAUSTAR INDUSTRIES - Greif, Inc. • Caraustar is the leading producer of uncoated recycled paperboard and a large producer of coated recycled paperboard • Has grown organically and through strategic consolidation • Possesses well known brand recognition with a reputation for quality and customer service
Signs of New Greif - Greif Since officially acquiring Caraustar Industries in February 2019, Greif has worked to rebrand nearly 90 former Caraustar facilities, which are now a part of Greif The facilities are spread throughout the United States and in Canada
Greif completes acquisition of Caraustar for $1. 8bn Industrial packaging products and services firm Greif has closed the acquisition of Caraustar Industries from global private equity investment firm HIG Capital for a total consideration of $1 8bn in a cash transaction