Packagingworld trade 2024+3.9% 5Y CAGR
Oct 24, 2017ACQUISITIONUnited States Graphic Packaging and International Paper form $6B paper-based packaging partnership
Graphic Packaging will own 79.5% of a new partnership combining its businesses with International Paper's North America Consumer Packaging business, with International Paper holding 20.5% valued at $1.14 billion. The deal was announced on 24 October 2017.
Capacity
1.2 million tons of SBS annually
ProductsSBS paperboardpaper-based foodservice productspaper-based cups
“International Paper will own 20.5 percent of the partnership, equivalent to a $1.14 billion value.”asiapapermarkets.com
- 2 sources
- asiapapermarkets.comGraphic Packaging and International Paper to Create a $6 Billion Integrated Paper-Based Packaging Company | AsiaPaperMarketsOct 24, 2017
- investors.graphicpkg.comGraphic Packaging to Create a $6 Billion Integrated Paper-Based Packaging Company by Combining with International Paper's North America Consumer Packaging Business :: Graphic Packaging Holding Company (GPK)Oct 24, 2017
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