# International Paper gets EU approval to acquire DS Smith for $9.9bn

The European Commission cleared International Paper's acquisition of DS Smith on condition that it divest five European box plants. The deal was announced in April 2024 at about $9.9 billion.

- Type: Acquisition
- Announced: 2025-01-24
- Value: $9.90B
- Status: announced
- Products: paper-based packaging, paperboard
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [DS Smith](https://endata.com/companies/221.md) (target)
- [International Paper](https://endata.com/companies/716.md) (acquirer)

## Sources

- [formesdeluxe.com](https://www.formesdeluxe.com/article/international-paper-snaps-up-ds-smith.64402), 2025-01-30: "On January 24th, 2025, the European Commission gave the green light for the deal to go through, pending certain conditions."
- [prnewswire.com](https://www.prnewswire.com/news-releases/international-paper-and-ds-smith-combine-to-create-the-new-global-leader-in-sustainable-packaging-solutions-302365583.html), 2025-02-03: "International Paper and DS Smith, two of the leading producers of sustainable packaging, containerboard and pulp products, combined forces on January 31, 2025 to create a new global leader in sustainable packaging solutions."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.