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0 0 0.00025759917568277 0.00025759917568277 0.00154559505409589 0.00618238021638336 0.00489438433797024 0.00489438433797024
Stock impact report

H.I.G. sells Caraustar to Greif to $1.8 bln [Reuters]

Greif Inc. Class A (GEF) 
Last greif inc. class a earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Reuters
H.I.G. sells Caraustar to Greif to $1.8 bln H.I.G. Capital Caraustar Industries Inc Greif Inc PRESS RELEASE NEW YORK–(BINESS WIRE)–H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with $30 billion of equity capital under management, is pleased to announce the completion of the sale of its portfolio company Caraustar Industries, Inc. (“Caraustar” or the “Company”) to Greif, Inc. (NYSE: GEF, GEF.B) for $1.8 billion. Headquartered in Austell, GA, Caraustar is a market leader in the production of uncoated recycled paperboard (URB) and coated recycled paperboard (CRB), with a variety of applications that include tubes and cores and a diverse mix of specialty products. Additionally, Caraustar is also one of the largest collectors and processors of recovered fiber in the United States. The Company services its diversified customer base through a large network of facilities across North America. H.I.G. acquired Caraustar in May 2013 in partnership with Caraustar mana Show less Read more
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