GEF 📈 Greif Bros - Overview

Greif, Inc. is a global leader in the production and sale of industrial packaging products and services, operating across multiple segments to cater to a diverse range of industries. The company's Global Industrial Packaging segment is a key player in the market, manufacturing and selling a wide array of products including steel, fiber, and plastic drums, as well as rigid and flexible intermediate bulk containers. Additionally, this segment offers closure systems, transit protection products, and water bottles, along with remanufactured and reconditioned industrial containers. To provide a comprehensive solution to its customers, Greif also offers various services such as container life cycle management, filling, logistics, and warehousing, targeting industries like chemicals, paints and pigments, food and beverage, petroleum, and pharmaceuticals.

The Paper Packaging & Services segment is another crucial part of Greif's business, focusing on the production and sale of containerboards, corrugated sheets and containers, and other specialty products. These products are designed to meet the needs of customers in the packaging, automotive, food, and building products markets. Furthermore, this segment produces and sells coated and uncoated recycled paperboard, as well as recycled fiber, highlighting the company's commitment to sustainability. The corrugated container products manufactured by Greif are used in a variety of applications, including shipping home appliances, small machinery, grocery products, automotive components, books, and furniture, demonstrating the versatility of its offerings.

Greif's Land Management segment takes a different approach, engaging in the harvesting and regeneration of timber properties, as well as the sale of timberland and special use properties. As of October 31, 2023, this segment owned approximately 175,000 acres of timber properties in the southeastern United States, showcasing the company's significant presence in the forestry industry. With a rich history dating back to 1877, Greif, Inc. has evolved over the years, changing its name from Greif Bros. Corporation to Greif, Inc. in 2001. Headquartered in Delaware, Ohio, the company continues to operate as a major player in the industrial packaging and forestry sectors, with its common stock listed under the ISIN US3976241071 and classified under the GICS Sub Industry: Metal, Glass & Plastic Containers.