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Satisfies regulatory commitments from the acquisition of DS Smith Plc.
July 2, 2025
By: David Savastano
Editor
International Paper announced the completion of the divestiture of five European plants to PALM Group to satisfy regulatory commitments from its acquisition of DS Smith Plc. The sale includes three plants in Normandy, France (namely, one box plant in Saint-Amand, one box plant in Mortagne, and one sheet plant in Cabourg); one box plant in Ovar, Portugal; and one box plant in Bilbao, Spain. The sale of these facilities was agreed to with the European Commission as a remedy for IP’s acqui...
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