# 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.

- Type: Acquisition
- Announced: 2017-10-24
- Where: United States
- Value: $1.14B
- Status: announced
- Capacity: 1.2 million tons of SBS annually
- Products: SBS paperboard, paper-based foodservice products, paper-based cups
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Graphic Packaging](https://endata.com/companies/1387.md)
- [International Paper](https://endata.com/companies/716.md) (partner)

## Sources

- [asiapapermarkets.com](https://www.asiapapermarkets.com/graphic-packaging-and-international-paper-to-create-a-6-billion-integrated-paper-based-packaging-company/), 2017-10-24: "International Paper will own 20.5 percent of the partnership, equivalent to a $1.14 billion value."
- [investors.graphicpkg.com](https://investors.graphicpkg.com/news-events/press-releases/detail/134/graphic-packaging-to-create-a-6-billion-integrated-paper-based-packaging-company-by-combining-with-international-papers-north-america-consumer-packaging-business), 2017-10-24: "Graphic Packaging will create a leading integrated paper-based packaging company with approximately $6 billion of revenue and $1 billion of EBITDA post-synergies"

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