Greif, Inc. (NYSE:GEF) is looking for acquisitions. During the Greif Third Quarter 2026 Earnings Conference Call, Lawrence (Larry) Hilsheimer, CFO, said, "Lastly, as we have previously communicated, we are actively pursuing organic growth-enabling bolt-on acquisitions, which allow us to penetrate new markets with our advanced polymer technologies". Ole Rosgaard, CEO, said, "This quarter reinforces that the actions we've taken over the past several years are making Greif a fundamentally stronger company.
We continue to structurally reduce costs, improve commercial execution, strengthen our portfolio through disciplined acquisitions and invest where we see the best long-term opportunities. And as we announced, we are pursuing bolt-on acquisition as well within the criteria that Larry outlined. So all of that, sort of, means that we're doing pretty well, but it's all self-help".
Well, first of all, obviously, the focus, as I just outlined, is organic growth, new logo growth. But we are supplementing that with tuck-in acquisitions. We've just announced one, Envaplast, but we have a healthy pipeline of similar companies that we are working on.
Ole Rosgaard further said, "We expect to do a number of similar acquisitions a year. There's plenty of Envaplasts out there, and we know where they are, and we're actively working on that. So expect more to come in that.
I would also say that what we're not doing is focusing on transformative M&A. We like our tuck-in strategy, and we will continue to focus on that.
