IP North America consumer packaging business transfers to Graphic Packaging

January 3, 2018

Packaging Solutions


International Paper has announced that it has completed the transfer of its North America consumer packaging business to Graphic Packaging. As a result of the transaction, Graphic Packaging has assumed $660 million of IP debt. IP now holds a 20.5% ownership interest in the subsidiary of Graphic Packaging that holds the assets of the combined business. The transferred business includes approximately 3900 employees, two coated paperboard mills and three converting facilities in the US, along with one converting facility in the UK.

Share on Facebook
Share on Twitter
Please reload

Featured Posts

The Solutions Awards 2020: Challenging change into a future of dynamism and sustainability

January 16, 2020

Please reload

Recent Posts
Please reload