This record is sourced from an Exhibit 99.1 press release furnished with Greif's Form 8-K filed August 7, 2025 (dated August 6, 2025). At announcement, the transaction was a signed definitive agreement pending customary closing conditions, with closing expected shortly before or after Greif's fiscal year end.
Perella Weinberg served as exclusive adviser to Greif on the sale, per the release's statement "Perella Weinberg served as exclusive adviser to Greif during the transaction." The word "exclusive" explicitly marks Perella Weinberg as the sole and lead financial adviser on Greif's side; no financial adviser to Molpus Woodlands Group is named in this release.
No legal advisors for either party are disclosed in the fetched document.
The release states that cash proceeds from the sale will be allocated to debt repayment, and that the timberlands "seamlessly complement" Molpus's existing portfolio, which spans over 1.7 million acres of timberland investments across 15 states, according to Molpus CEO Terrell Winstead's quoted remarks.
Not disclosed in the sourced document is any per-acre or EBITDA valuation multiple implied by the $462 million price, the identity of legal counsel to either party, or a precise calendar closing date beyond "shortly before or after the Company's fiscal year end."
