---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-22-000077"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T02:16:23.379856+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greif acquires Lee Container for $300M cash; reaffirms FY22 EPS guidance

## Summary
- Purchase price $300M in cash from existing credit facility; estimated $30M NPV of tax benefits.
- Lee Container had trailing 12mo sales of $162M and adjusted EBITDA of $33M through Sep 30, 2022.
- Expects $6M in cost synergies within two years; transaction expected to close by end of 2022.
- Reaffirms FY2022 EPS guidance of $7.90-$8.10 on better pricing offset by weaker volumes in EMEA/APAC.
- Acquisition solidifies Greif's jerrycan and small plastic bottle footprint in North America.

## SEC filing metadata
- accession: 0000043920-22-000077
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392022000077/0000043920-22-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392022000077/gef-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-22-000077
- JSON: https://secwatch.observer/filing/0000043920-22-000077.json
- Plain text: https://secwatch.observer/filing/0000043920-22-000077.txt

## Key facts
- Material Agreements
  GREIF, INC entered into Membership Interest Purchase Agreement with LCC Topco, Inc., LI Topco, LLC, LCIH Topco, Inc. valued at $300 million (effective 2022-11-08).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: LCC Topco, Inc., LI Topco, LLC, LCIH Topco, Inc.
  - Value: $300 million
  - Effective: 2022-11-08
  source text: Under the Purchase Agreement, the Sellers are selling to Buyer, and Buyer is purchasing from Sellers, all of the issued and outstanding limited liability company membership interests
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392022000077/0000043920-22-000077-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.