International Paper

IP and Graphic Packaging Create Consumer Packaging Platform in Transaction Valued at $1.8 Billion
October 24, 2017 at 9:48 am

In a transaction valued at $1.8 billion, International Paper (IP) has signed a definitive agreement to contribute its North America Consumer Packaging business to Graphic Packaging. "Investing in Graphic Packaging gives IP the opportunity to benefit from a much stronger value-creation consumer packaging platform, while allowing us to remain focused on growing value in our core businesses," says International Paper Chairman and CEO Mark Sutton.