---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-23-000054"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:36:06.504842+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greif plans to acquire Ipackchem for $538M cash; EBITDA multiple 9.4x, accretive to margins

## Summary
- Purchase price $538M in cash; Ipackchem LTM sales ~$235M, adjusted EBITDA $57M.
- Multiple of 9.4x LTM adjusted EBITDA; 8.4x including $7M expected synergies within 18 months.
- Ipackchem operates 13 facilities in 8 countries with over 1,400 employees; leader in jerrycans and small plastic containers.
- Expected close by end of Q2 FY2024; funded from existing credit facilities; subject to French works council and regulatory approvals.

## SEC filing metadata
- accession: 0000043920-23-000054
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2023-11-06T23:59:59+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/43920/000004392023000054/0000043920-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392023000054/gef-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-23-000054
- JSON: https://secwatch.observer/filing/0000043920-23-000054.json
- Plain text: https://secwatch.observer/filing/0000043920-23-000054.txt

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