Greif acquires Spanish industrial packaging maker Envaplast for EUR 53.4m

Greif has acquired Envaplast, an Alicante-based manufacturer of industrial plastic containers for the agrochemical sector, for USD 61.7m (EUR 53.4m). Envaplast, founded in 1984 and owned by the Lledo Villaplana family, generated EUR 22.13m revenue and EUR 8.24m EBITDA in 2025, and will join Greif's Customized Polymer Solutions division without a merger process. CEO Joan Oriola Lledo will remain in charge as Greif seeks to expand its small plastic packaging footprint in the region.

Why this mattersThe deal extends Greif's small-container polymer platform into Spain's agrochemical packaging niche, adding a specialised bolt-on to its industrial packaging portfolio.

• Greif paid USD 61.7m (EUR 53.4m) for Envaplast, per its US SEC filing.
• Envaplast recorded 2025 revenue of EUR 22.13m and EBITDA of EUR 8.24m, with net profit over EUR 6m.
• Envaplast employs around 35 workers at its Benimarfull (Alicante) site and was founded in 1984.
• Envaplast joins Greif's Customized Polymer Solutions division without merging with existing Spanish units.
• Greif already operates a container plant in San Roque (Cadiz) and a steel drum plant in Martorell (Barcelona).
• CEO Joan Oriola Lledo will continue leading Envaplast; advisory firm Efe&Ene advised on the transaction.

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