IPACKCHEM acquired by GREIF
Context
Greif has finalized the acquisition of Ipackchem. The transaction was funded through Greif's existing credit facility and is expected to be immediately accretive to EBITDA margins. This strategic move allows Greif to capture $14.7 million in annual synergies by integrating Ipackchem's global operations into the Greif Global Industrial Packaging segment. The acquisition is a cornerstone of Greif's expansion into high-performance small containers, providing the group with advanced barrier technology capabilities and a stronger presence in the agrochemical market worldwide.
IPACKCHEM, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.1x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
Ipackchem is a global leader in the design and manufacture of high-performance rigid plastic packaging (jerrycans, bottles, and containers) specifically engineered for the crop protection and specialty chemical industries. The company is renowned for its proprietary "Advanced Barrier Technology" (fluorination and co-extrusion), which ensures the safe transport of aggressive or hazardous chemicals by preventing permeation. Operating 13 manufacturing facilities across four continents with over 1,400 employees, Ipackchem provides high-barrier solutions that comply with stringent international safety and environmental regulations.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 500M - 1.5b EUR
Revenue range: 150M - 250M EUR
EBITDA range: 50M - 100M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).