Industrial Packaging Supplier Greif Acquires Most of ColePak - Modern Distribution Management

Log In

Industrial Packaging Supplier Greif Acquires Most of ColePak

The partnership with Ohio-based supplier Colepak will add a new product offering to the Greif paper converting portfolio.
Greif Logo

On Aug. 30, industrial packaging supplier Greif announced it acquired 51% of the ownership interest in Ohio-based ColePak.

Colepak is the second-largest supplier of paper partitions in North America. Greif officials said the company adds a new product offering to the Greif paper converting portfolio, which provides integration to the Greif mill system in both containerboard and URB grades.

The ColePak margin profile is immediately accretive to the Greif portfolio, company officials said in a news release. “A shared set of company values, a growth-oriented business profile, and exposure to stable and growing food and beverage end markets all further highlight the strong strategic fit,” they said. 

Jason and Ryan Cole, second-generation owners of ColePak, commented: “Greif has been a supplier to ColePak for over 35 years, and the Cole family has developed great trust and admiration for Greif, which has culminated in this partnership. Their noncompromising commitment to their customers, their employees, and quality of product align well with the ColePak values.”

The ColePak financial results will be reported within the Greif Paper Packaging & Services segment as part of our Q4 2023 results, and the expected 2023 contribution will be included in guidance provided at the company’s 3Q 2023 earnings conference call on Aug. 31.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.