Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been ...

American Industrial Partners to acquire International Paper's Global Cellulose Fibers Division ...

International Paper announced a major restructuring, including the sale of its Global Cellulose Fibers business and closures ...

American Industrial Partners has agreed to acquire International Paper's global cellulose fibers business for $1.5 billion. American Industrial, an industrials-focused investor, said Thursday that its ...

International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.

American Industrial Partners ("AIP"), a focused industrials investor, today announced its affiliate has signed a definitive ...

International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American ...

The company also will close a packaging facility and a timber and lumber mill, resulting in about 1,100 job cuts.

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers business for $1.5 billion.

International Paper Co. said it will sell its global cellulose fibers business for $1.5 billion as part of its strategy to focus on sustainable packaging solutions.The Memphis-based company will be ...

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers division in a carve-out deal. No financial terms were disclosed. Headquartered in Memphis, ...

MEMPHIS, Tenn., Oct. 31, 2024 /PRNewswire/ -- International Paper (IP) today announced the decision to review strategic options for its global cellulose fibers (GCF) business.