---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-194049"
form_type: "8-K"
ticker: "PKG"
cik: "0000075677"
company_name: "PACKAGING CORP OF AMERICA"
filed_at: "2025-09-02T23:59:59+00:00"
generated_at: "2026-05-17T09:04:32.942886+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# PCA completes $1.8B acquisition of Greif's containerboard business

## Summary
- Acquisition closed Aug 31, 2025; includes two mills (~800K tons capacity) and eight plants across the U.S.
- Purchase price funded with $300M cash on hand and $1.5B from new term loan facilities and senior notes.
- On Sept 2, 2025, PCA fully drew down the Term Loan Facilities to finance the acquisition.
- The acquired assets include two containerboard mills and eight sheet feeder and corrugated plants nationwide.

## SEC filing metadata
- accession: 0001193125-25-194049
- form_type: 8-K
- ticker: PKG
- cik: 0000075677
- company_name: PACKAGING CORP OF AMERICA
- filed_at: 2025-09-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.03, 8.01, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75677/000119312525194049/0001193125-25-194049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75677/000119312525194049/d54236d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-194049
- JSON: https://secwatch.observer/filing/0001193125-25-194049.json
- Plain text: https://secwatch.observer/filing/0001193125-25-194049.txt

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