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Greif Bros Corp(GEF-N)
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Greif Inc. Acquires Reliance Products Ltd.

PR Newswire - Mon Oct 2, 2023

DELAWARE, Ohio, Oct. 2, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it has acquired Reliance Products, Ltd. ("Reliance Products" or "Reliance"), a leading producer of high-performance barrier and conventional blow molded jerrycans and small plastic containers in Canada. The all-cash transaction, which reflects approximately 6.75x proforma adjusted EBITDA, was funded through Greif's existing credit facility.

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