Client Spotlight: Greif
A global leader in industrial packaging products and services
For more than 140 years, the world’s most important products have travelled around the globe in Greif’s industrial packaging.
We produce steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty paper products. We provide additional value-added services to customers such as filling, blending, reconditioning, and recycling services. Finally, we own a portfolio of timber acreage and provide timberland management, consulting, wildlife stewardship and wetlands mitigation bank development. We partner with customers in a variety of industries including food and beverage, chemicals, agricultural, pharmaceutical, petroleum, automotive, home appliances and many more.
We offer two classes of stock that public investors can easily access. Our stable investor profile is concentrated in long time family ownership that appreciates our strong history of paying dividends.
Why invest in Greif?
-We have a robust and diverse product portfolio with exposure to a variety of growing end markets. We are strategically positioned with more than 250 operating locations in over 40 countries to serve global as well as regional customers.
-We have a compelling customer value proposition due to our demonstrated commitment to customer service. We are pursuing our vision: in industrial packaging, be the best performing customer service company in the world. Our collaborative approach to product innovation and end-of-life solutions supports our customers in solving their problems and growing their businesses.
-We offer numerous avenues for incremental low-risk growth and margin enhancement. We use the Greif Business System to drive a sharp focus on cost control and operating discipline. We employ a risk-adjusted return process that drives capital investment.
-We have a clear and consistent capital allocation philosophy with a laser focus on generating growing and sustainable Free Cash Flow. We also pay an industry leading dividend that currently yields more than 3% and would eventually like to initiate a progressive dividend.
-Finally, we are committed to sustainability and are a recognized leader in the space. Our sustainability strategies not only reduce our environmental footprint, they enable stronger sales, increased efficiency and reduced costs that create greater value for our shareholders.
For information, contact Matt Eichmann at matt.eichmann@greif.com or 740-549-6067.
