\u202fInternational Paper a leader in sustainable packaging solutions,\u202fhas completed the\u202facquisition of\u202fNorth Pacific Paper Company (NORPAC),\u202fa portfolio company of One Rock Capital Partners, for $360MM.\u202f<\/p>\n\n\n\n
The\u202facquisition brings together two strong teams, high-quality products, and a shared commitment to serving\u202fcustomers.\u202fAdding NORPAC to the\u202fInternational Paper\u202fportfolio will\u202fenhance\u202fsystem flexibility and\u202fexpand\u202fcapabilities.\u202f<\/p>\n\n\n\n
“Today is\u202fan important milestone\u202ffor the NORPAC team and for Longview as we officially become part of International Paper,” said Craig Anneberg, CEO, NORPAC. “I’m\u202fproud of our employees for what\u202fwe’ve\u202fbuilt here, and joining International Paper gives us the opportunity to build on that foundation.\u202fWe’re committed to continuing our role as a strong employer and community partner in Longview.”\u202f<\/p>\n\n\n\n
“We’re\u202fproud\u202fto\u202fwelcome the\u202fNORPAC\u202fteam to International\u202fPaper\u202fand look forward to what we will accomplish together,” said Tom Hamic, Executive Vice President and President, Packaging Solutions North America, International Paper. “NORPAC is\u202fa strong strategic fit for our business and\u202fexpands\u202four capabilities to support growing customer demand for lightweight high-performance packaging grades\u202fwhile improving\u202fservice to our West Coast customers.”\u202f\u202f<\/p>\n\n\n\n