International Paper completes acquisition of DS Smith

"Big news in sustainable packaging! International Paper has officially acquired DS Smith in a $7.2 billion megadeal, creating the world’s largest sustainable packaging powerhouse. With headquarters in Memphis and London, they plan to achieve $514 million in synergies. But here’s the twist—this deal reshapes the competitive landscape, forcing IP to divest five European plants to satisfy regulators. For the paper packaging industry, this signals a massive shift toward consolidation and sustainability-focused innovation. Expect ripple effects, from supply chain realignments to intensified competition with giants like Smurfit Westrock. Stay tuned—this is a game-changer in packaging!"https://www.packagingdive.com/news/international-paper-completes-acquisition-ds-smith/736227/

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