International Paper Co.
International Paper Announces Exclusive Negotiations to Divestit Five European Plants
Summary
On April 14, 2025, International Paper Company announced exclusive negotiations with PALM Group to divest five European corrugated box plants to satisfy regulatory commitments from its acquisition of DS Smith Plc. The plants, located in France, Portugal, and Spain, are expected to be sold by the end of the second quarter of 2025, subject to European Commission approval. This move aligns with the regulatory requirements set forth by the European Commission.
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About International Paper Co.
International Paper Co. is a leading global producer of renewable fiber-based packaging, pulp, and paper products. Primarily serving the industrial packaging sector, the company plays a critical role in the supply chain for a variety of industries, providing essential materials for sustainable packaging solutions. Beyond industrial packaging, International Paper Co. is deeply involved in the production of pulp used in the making of personal care products, tissue, and other consumer-oriented goods. Through its expansive reach across North America, Latin America, Europe, and beyond, International Paper Co. adheres to sustainable practices, prioritizing renewable resources and environmentally friendly processes. Established in 1898 and headquartered in Memphis, Tennessee, the company is a significant player in the global forest products industry. Its commitment to sustainability and innovation helps meet the world's packaging needs while minimizing environmental impact, making it a key influencer in promoting ecological consciousness within the financial markets.
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