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

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

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

(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm ...

International Paper says the transaction is expected to close by the end of the year, but is subject to regulatory approvals.

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

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

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

The Global Cellulose Fiber Market is expected to grow from USD 12,935.30 Million in 2020 to USD 36,379.26 Million by the end of 2025.

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 business for $1.5 billion. American Industrial, an industrials-focused investor, said Thursday that its ...

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