Greif Bros. Has adjusted downward the purchase price for Van Leer Industrial’s industrial packaging division. Van Leer is based in Finland.
Under the original purchase agreement, this past October, Greif would pay $620 million to acquire the operations. However, after completing its due diligence Greif is acquiring the operations for $555 million.
The transaction is expected to close the first quarter of the year.
Explore the January 2001 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- CMRA selects venue for nonferrous recycling event
- Biffa adds C&D recycling firm to its portfolio
- Cliffs lines up funding for Canadian acquisition
- BIR joins plastics life cycle effort
- Black mass analysis in the sights of equipment maker
- Commercial Solar Panel Recycling seeks to further green the solar power industry
- Commentary: Novelis takes end-of-life automotive recycling to the next level
- Scrap Inventory Digitalization: Where Efficiency & Insights Deliver Profitability