IP - Mergers and acquisitions

ProAmpac, a global leader in flexible packaging and material science, has acquired the bag converting operations of International Paper ("IP"), a global leader in sustainable packaging. The acquisition expands ProAmpac's converting capabilities, further advancing the company's Fiberization of Packaging® strategy and enhancing its ability to deliver customized bag solutions for the grocery, convenience store, and quick-service restaurant markets. "Global demand for reliable, recyclable paper packaging continues to grow rapidly amid evolving consumer expectations and market trends redefining recyclability," stated Greg Tucker, ProAmpac founder, vice chairman, and chief executive officer. "P

MEMPHIS, Tenn., March 30, 2021 /PRNewswire/ -- International Paper (NYSE: IP) has purchased two state-of-the-art corrugated box plants in Spain, further growing its capabilities in Madrid and Catalonia, the largest industrial regions in the country. The terms of the transactions were not disclosed. Corrugated packaging is a strategic business for International Paper in EMEA and offers customers high-quality packaging solutions in the industrial, fresh fruit and vegetable, and e-commerce segments. The two businesses will become part of International Paper effective April 1, 2021. About International PaperInternational Paper (NYSE: IP) is a leading global producer of renewable fiber-based pac

LOS ANGELES, Feb. 24, 2021 /PRNewswire/ --International Paper has acquired Berkley International's Molded Fiber (pulp) manufacturing division, Berkley MF LLC, for an undisclosed purchase price. Calabasas Capital served as exclusive financial advisor to Berkley. International Paper acquires Berkley Molded Fiber division Tweet this After seven years of manufacturing outside of Los Angeles, Berkley moved operations into an 80,400 square foot state of the art molded fiber manufacturing plant outside of Reno, Nevada in 2019. Berkley International works with high growth CPG companies who are looking to utilize their sustainable packaging technology for ecommerce and food packaging applica