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Greif, Inc. completes acquisition of Ipackchem Group SAS to expand high-performance plastic packaging capabilities

Mar 26, 2024•over 1 year ago

Acquiring Company

Greif

Acquired Company

IPACKCHEM

DelawareParisManufacturingManufacturing

Description

Greif, Inc., a global leader in industrial packaging products and services, has completed the acquisition of Ipackchem Group SAS. With this acquisition, Greif continues to execute its Build to Last strategy by unlocking significant new capabilities and market opportunities to further grow as a world leader in high-performance small plastic containers and jerrycans. The integration strategy is set to drive incremental benefits, support future growth, and capture targeted synergies.

Company Information

Company

Greif

Location

Delaware, United States

About

Greif has also recently received its new MSCI ESG rating of AA which is used to measure a company's management of financially relevant ESG risks and opportunities, giving investors and customers an indication about its sustainability performance. About Greif, Inc. Greif is a global leader in industrial packaging products and services and is pursuing its vision: Be the best performing customer service company in the world.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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