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Caraustar (Greif)
Caraustar was acquired by Greif in 2019 (see link below)
Caraustar offers an uncompromised commitment to delivering superior 100% recycled paperboard and packaging solutions.
Caraustar is one of the nation's largest integrated manufacturers of 100% recycled paperboard and converted paperboard products. Our environmentally safe packaging means that everything from our paperboard tubes to packaging supplies are eco-friendly. Caraustar has used sustainable packaging to provide customers with the best value for innovative products and services since 1938. Our strength is in our experience.
About Caraustar Industries
Caraustar Industries, Inc. is a leader in the manufacturing of high-quality recycled materials and paper products. The company is a socially responsible corporation, is committed to environmentally sound practices and is dedicated to providing customers with outstanding value through innovative products and services.
Caraustar’s four business lines include:
- Recycling Services
- Mill Group (coated and uncoated paperboard and specialty paperboard products)
- Industrial Products Group (tubes and cores, construction products, protective packaging, adhesives)
- Consumer Packaging (folding cartons, set-up boxes, packaging services)
Caraustar serves the four principal recycled boxboard product end-use segments: tubes and cores; folding cartons; gypsum facing paper; and specialty paperboard products. Caraustar is headquartered in Austell, GA and is owned by H.I.G. Capital.
https://www.greif.com/about-greif/history
About H.I.G. Capital
H.I.G. is a leading global private equity investment firm with more than $15 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, Chicago, Dallas, New York, and San Francisco in the United States, as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, and Rio de Janeiro, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well-managed manufacturing or service businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm's current portfolio includes more than 80 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
