Greif Signs Definitive Agreement to Sell Timberlands to Molpus Woodlands Group for $462 Million
Greif (NYSE: GEF) has signed a definitive agreement to sell its Soterra land management business to Molpus Woodlands Group for $462 million. The transaction encompasses over 173,000 acres of timberlands across the Southeastern United States.
The divestiture aligns with Greif's strategic portfolio optimization to focus on industry-leading opportunities. The deal is expected to close around the company's fiscal year end, with proceeds allocated to debt reduction. Perella Weinberg served as the exclusive adviser for the transaction.
Greif (NYSE: GEF) ha firmato un accordo definitivo per vendere la sua divisione di gestione terreni Soterra a Molpus Woodlands Group per 462 milioni di dollari. L'operazione riguarda oltre 173.000 acri di foreste nel Sud-Est degli Stati Uniti.
La cessione è in linea con l'ottimizzazione strategica del portafoglio di Greif, volta a concentrarsi su opportunità leader nel settore. La chiusura dell'accordo è prevista intorno alla fine dell'anno fiscale della società, con i proventi destinati alla riduzione del debito. Perella Weinberg ha agito come consulente esclusivo per la transazione.
Greif (NYSE: GEF) ha firmado un acuerdo definitivo para vender su negocio de gestión de tierras Soterra a Molpus Woodlands Group por 462 millones de dólares. La transacción incluye más de 173,000 acres de bosques en el sureste de Estados Unidos.
La desinversión está alineada con la optimización estratégica del portafolio de Greif para enfocarse en oportunidades líderes en la industria. Se espera que el acuerdo se cierre alrededor del final del año fiscal de la compañía, destinando los ingresos a la reducción de deuda. Perella Weinberg actuó como asesor exclusivo en la transacción.
Greif (NYSE: GEF)는 Soterra 토지 관리 사업을 Molpus Woodlands Group에 4억 6,200만 달러에 매각하는 최종 계약을 체결했습니다. 이번 거래는 미국 남동부 지역의 17만 3천 에이커 이상의 임야를 포함합니다.
이번 매각은 Greif의 전략적 포트폴리오 최적화와 업계 선도 기회에 집중하기 위한 방침과 일치합니다. 거래는 회사 회계연도 말경에 완료될 예정이며, 수익금은 부채 상환에 사용될 계획입니다. Perella Weinberg가 이번 거래의 독점 자문사로 참여했습니다.
Greif (NYSE : GEF) a signé un accord définitif pour vendre son activité de gestion foncière Soterra à Molpus Woodlands Group pour 462 millions de dollars. La transaction porte sur plus de 173 000 acres de forêts dans le sud-est des États-Unis.
Cette cession s’inscrit dans l’optimisation stratégique du portefeuille de Greif, visant à se concentrer sur des opportunités leaders dans le secteur. La clôture de l’opération est prévue autour de la fin de l’exercice fiscal de la société, les fonds étant destinés à la réduction de la dette. Perella Weinberg a agi en tant que conseiller exclusif pour cette transaction.
Greif (NYSE: GEF) hat eine endgültige Vereinbarung zum Verkauf seines Soterra Landmanagement-Geschäfts an die Molpus Woodlands Group für 462 Millionen US-Dollar unterzeichnet. Die Transaktion umfasst über 173.000 Acres Waldflächen im Südosten der Vereinigten Staaten.
Der Verkauf entspricht der strategischen Portfoliooptimierung von Greif, um sich auf branchenführende Chancen zu konzentrieren. Der Abschluss der Transaktion wird gegen Ende des Geschäftsjahres erwartet, wobei die Erlöse zur Schuldenreduzierung verwendet werden. Perella Weinberg fungierte als exklusiver Berater für die Transaktion.
- Sale value of $462 million strengthens company's financial position
- Strategic shift towards higher-margin, less cyclical markets
- Proceeds will be used to reduce debt, improving balance sheet
- Portfolio optimization aligns with company's focus on core industrial packaging business
- Loss of diversification from timber assets
- Reduction in land-based assets from portfolio
DELAWARE, Ohio, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has entered into a definitive agreement with Molpus Woodlands Group, on behalf of clients, to sell its Soterra land management business for
This transaction, which includes over 173,000 acres of timberlands across the Southeastern United States, follows Greif’s previously announced intent to divest the business as part of its strategic portfolio optimization. The deal is expected to close shortly before or after the Company’s fiscal year end, subject to customary closing conditions.
“The sale of the Soterra timberlands aligns with our strategy to focus our portfolio on opportunities where Greif can be an industry leader,” said Ole Rosgaard, President and Chief Executive Officer of Greif. “This transaction enhances our ability to invest in higher-margin, less cyclical markets, and positions Greif for further long-term success and value creation.”
“These timberlands seamlessly complement our existing portfolio, offering diverse, highly productive assets strategically located near robust timber markets with strong, competitive pricing,” said Terrell Winstead, President and CEO of Molpus. “With our long history of creating value for similar properties in these areas, we believe this opportunity fits well within our long-term investment strategy and sustainable forest management approach.”
Cash proceeds from the sale will be allocated to debt repayment.
Perella Weinberg served as exclusive adviser to Greif during the transaction
About Greif, Inc.
Greif is a global leader in industrial packaging products and services, pursuing its vision to be the best customer service company in the world. The company produces steel, plastic and fiber drums, intermediate bulk containers, reconditioned containers, jerrycans and other small plastics, containerboard, corrugated sheets and products, uncoated recycled paperboard, coated recycled paperboard, tubes and cores, and a diverse mix of specialty products. Greif also manufactures packaging accessories and provides other packaging services for a wide range of industries. In addition, the company manages timber properties in the southeastern United States. Greif has a workforce of over 14,000 colleagues spread across more than 250 facilities in 37 countries to serve global as well as regional customers.
Contact:
Bill D’Onofrio
Vice President, Corporate Development & Investor Relations
(614) 499-7233 | bill.donofrio@greif.com
About Molpus
With a legacy dating back to 1905, Molpus Woodlands Group (Molpus) has established itself as a leading timberland investment management organization (TIMO) in the United States, and we are one of the oldest timber-related companies in the U.S. An SEC registered investment adviser, we acquire and manage sustainable timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies, and high-net-worth individual investors. Molpus currently manages over 1.7 million acres of timberland investments in 15 states. We are an independent company fully focused on North American timberland.
For more information, visit molpus.com. Nothing herein constitutes an offer to sell or a solicitation of an offer to subscribe for or buy any security with respect to any fund. In considering the performance of investments referred to in these materials, prospective timberland investors should keep in mind that prior performance of Molpus investments is not indicative of future results, and there can be no assurance that Molpus will achieve comparable results in the future.
Press Contact
Michael R. Cooper
Executive Vice President – Client Relations and Business Development
Molpus Woodlands Group
(601) 948-8733
FAQ
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