# International Paper completes acquisition of DS Smith

International Paper completed its acquisition of DS Smith, a deal estimated at $7.2 billion, creating a combined packaging company headquartered in Memphis with a European headquarters in London. Expected synergies are at least $514 million.

- Type: Acquisition
- Announced: 2025-01-31
- Where: Memphis, Tennessee
- Value: $7.20B
- Status: completed
- Products: sustainable packaging
- 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

- [finance.yahoo.com](https://finance.yahoo.com/news/international-paper-completes-acquisition-ds-173100044.html), 2025-01-31: "International Paper has completed its acquisition of DS Smith, in a deal that is estimated to be worth $7.2 billion."
- [letsrecycle.com](https://www.letsrecycle.com/news/international-paper-completes-5-8b-acquisition-of-ds-smith/), 2025-02-03: "International Paper (IP) last Friday (31 January 2025) completed its acquisition of packaging company DS Smith."
- [paperindustryworld.com](https://www.paperindustryworld.com/european-commission-approves-international-papers-acquisition-of-ds-smith/), 2025-02-28: "On January 31st, International Paper, based in the United States, finalized the acquisition of the British paper and packaging group DS Smith."

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