Greif Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, sold its Soterra LLC land management business — approximately 173,000 acres of timberlands across Alabama, Louisiana, and Mississippi — to Molpus Woodlands Group, a leading timberland investment management organization (TIMO) managing over 1.7 million acres across 15 U.S. states. Adams & Reese LLP served as lead counsel advising Greif and Soterra on the transaction.
Transaction type: Asset Sale.