# Graphic Packaging to acquire International Paper's US consumer packaging business for $1.8bn

Graphic Packaging Holding will acquire International Paper's North American consumer packaging business for $1.8 billion. The company says the combination with its mills would create an integrated packaging company with potential sales of $6 billion.

- Type: Acquisition
- Announced: 2017-11-02
- Where: United States
- Value: $1.80B
- Status: announced
- Products: consumer packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

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

## Sources

- [euwid-paper.com](https://www.euwid-paper.com/news/companies/graphic-packaging-to-acquire-ips-us-consumer-packaging-business-in-mega-deal/), 2017-11-02: "US packaging group Graphic Packaging Holding Company will acquire the North American consumer packaging business from International Paper (IP) for $1.8bn."

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