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

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

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

International Paper has announced a significant transaction involving the sale of its Global Cellulose Fibers business. The sale, detailed in a recent SEC filing, involves multiple entities across the ...

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

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

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

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.

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

As part of its restructuring, the company will permanently close its Savannah containerboard mill and packaging facility as ...