Key Takeaways Greif finalized the $462M sale of its timberlands unit to Molpus Woodlands Group.The sale covers about 173,000 acres in the Southeastern United States.GEF expects the leverage ratio to fall below 1.2X, strengthening its balance sheet.Greif, Inc. (GEF) announced that it closed the previously stated sale of its timberlands business to Molpus Woodlands Group. This move will help Greif's debt-reduction efforts and boost its capital efficiency.Details of Greif’s Timberlands SaleIn early August, Gre ...