Core Viewpoint - The merger of International Paper and DS Smith on January 31, 2025, aims to create a global leader in sustainable packaging solutions, focusing on the North American and EMEA regions [1][6]. Company Overview - International Paper is headquartered in Memphis, Tennessee, and has operations in over 30 countries, employing more than 65,000 team members [6]. - The company reported net sales of $18.6 billion for 2024 [6]. Strategic Goals - The combination is expected to accelerate growth, improve profitability, and enhance customer service globally [2][3]. - The merger aims to leverage the strengths of both companies to create a more responsive and efficient service in the industry, enhancing customer experience [3]. Innovation and Sustainability - The new entity will focus on innovation, bringing together the best practices and capabilities of both companies to develop groundbreaking sustainable packaging solutions [4]. - Sustainability is emphasized as a core strength, with a commitment to responsible environmental stewardship and community engagement [4][5].
International Paper and DS Smith Combine To Create The New Global Leader in Sustainable Packaging Solutions