# Graphic Packaging and International Paper form $6bn paper packaging partnership

Graphic Packaging will run a new paper-based packaging partnership with International Paper's Consumer Packaging business, holding 79.5% while IP keeps 20.5%. The partnership is valued at about $6bn and will assume $660m of IP debt.

- Type: Acquisition
- Announced: 2017-10-25
- Where: Mississauga, Ontario; St.-Hyacinthe, Québec; Xenia, Ohio, Canada
- Value: $6.00B
- Status: announced
- Capacity: approximately 20,000 tons of paperboard annually
- Products: paper-based packaging, consumer packaging
- 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)
- [Graphic Packaging](https://endata.com/companies/1387.md) (acquirer)
- [Seydaco Packaging Corp.](https://endata.com/companies/2360.md) (target)
- [National Carton and Coating Co.](https://endata.com/companies/2361.md) (partner)
- [National Carton and Coating Co.](https://endata.com/companies/2361.md) (target)
- [Groupe Ecco Boites Pliantes](https://endata.com/companies/2362.md) (partner)
- [Groupe Ecco Boites Pliantes](https://endata.com/companies/2362.md) (target)

## Sources

- [inside-packaging.nridigital.com](https://inside-packaging.nridigital.com/inside_packaging_nov17/news), 2017-10-25: "Under the terms of the agreement, Graphic Packaging will operate the partnership with a 79.5% interest, while the remaining 20.5% stake will be with IP"
- [investors.graphicpkg.com](https://investors.graphicpkg.com/news-events/press-releases/detail/133/graphic-packaging-agrees-to-acquire-seydaco-packaging-corp-and-its-affiliates), 2017-11-09: "Graphic Packaging International, Inc. and Graphic Packaging International Canada, ULC, have agreed to acquire the assets of Seydaco Packaging Corp. and its affiliates"
- [ecma.org](https://ecma.org/news/graphic-packaging-agrees-to-acquire-seydaco-packaging-corp.-and-its-affiliates.html), 2017-12-08: "Graphic Packaging International, Inc. and Graphic Packaging International Canada, ULC, have agreed to acquire the assets of Seydaco Packaging Corp. and its affiliates"

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