Greif signs definitive agreement to sell timberlands to molpus woodlands group for $462 million

Delaware, ohio, aug. 06, 2025 (globe newswire) -- greif, inc. (nyse: gef, gef.b), a global leader in industrial packaging products and services, announced today that it has entered into a definitive agreement with molpus woodlands group, on behalf of clients, to sell its soterra land management business for $462 million. this transaction, which includes over 173,000 acres of timberlands across the southeastern united states, follows greif's previously announced intent to divest the business as part of its strategic portfolio optimization.
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