The planned cash transaction would be funded through available capacity in Greif’s existing credit facilities.
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The all-cash transaction — which reflects approximately 6.75x proforma adjusted EBITDA — was funded through Greif's existing credit facility.
The partnership with Ohio-based supplier Colepak will add a new product offering to the Greif paper converting portfolio.
The all-cash transaction will be funded through Greif's existing credit facility and is expected to close by the end of the calendar year