MEMPHIS,
Tenn., Feb. 3, 2025 /PRNewswire/ -- International
Paper (NYSE:IP; LSE: IPC) and DS Smith, two of the leading
producers of sustainable packaging, containerboard and pulp
products, combined forces on January 31,
2025 to create a new global leader in sustainable packaging
solutions, focused on the attractive North American and EMEA
regions.
Experience the full interactive Multichannel News Release here:
https://www.multivu.com/international-paper/9315251-en-international-paper-ds-smith-expand-sustainable-packaging-solutions
The combination brings together the best of both companies to
accelerate growth, improve profitability and serve customers all
over the world from operations in more than 30 countries. Together
with DS Smith, International Paper will be a great place to
work with colleagues who value excellence, ethics and safety above
all else.
"With a stronger portfolio of sustainable packaging solutions,
the combination of International Paper and DS Smith enhances our
offerings, increases innovation and expands our geographic reach,"
said Andy Silvernail, International
Paper Chairman and Chief Executive Officer. "We will bring together
the capabilities and expertise of two experienced teams, with
similar cultures to create the global leader in sustainable
packaging solutions."
Stronger on Customer Experience: Linking the best
elements of both companies, the combination creates the most
responsive and efficient service in the industry, providing
customers with unparalleled experience and demonstrated value.
Stronger on Innovation: From quality packaging to
differentiated processes, the combined company has the very best
innovators who relentlessly pursue every new opportunity to create
ground-breaking sustainable packaging solutions.
Stronger on Sustainability: Sustainability is a core
strength of the newly combined company, which is committed to being
a diligent steward of our forests, a responsible custodian of our
environment and a force for good in our communities.
Together with our customers, International Paper makes the world
safer and more productive one sustainable packaging solution at a
time.
About International Paper
International Paper (NYSE:
IP; LSE: IPC) is the global leader in sustainable packaging
solutions. With company headquarters in Memphis, Tennessee, USA, and EMEA
(Europe, Middle East and Africa) headquarters in London, UK, we employ more than 65,000 team
members and serve customers around the world with operations in
more than 30 countries. Together with our customers, we make the
world safer and more productive, one sustainable packaging solution
at a time. Net sales for 2024 were $18.6
billion. In 2025, International Paper acquired DS Smith
creating an industry leader focused on the attractive and growing
North American and EMEA regions. Additional information can be
found by visiting internationalpaper.com
Forward-Looking Statement
This press release contains forward-looking statements that reflect
our current expectations and projections about future events. These
statements are based on assumptions and are subject to risks and
uncertainties that could cause actual results to differ materially
from those anticipated. We undertake no obligation to update these
statements as a result of new information or future events. For
more information on risks facing the Company, please see our
reports and press releases filed with the U.S. Securities and
Exchange Commission.
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SOURCE International Paper
