International Paper Completes Divestiture of Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith Plc
International Paper (NYSE: IP) has successfully completed the divestiture of five European corrugated box plants to PALM Group, fulfilling its regulatory commitments related to the DS Smith Plc acquisition. The divested facilities include three plants in Normandy, France (Saint-Amand box plant, Mortagne box plant, and Cabourg sheet plant), one box plant in Ovar, Portugal, and one box plant in Bilbao, Spain.
The divestiture was mandated by the European Commission as a regulatory remedy for IP's acquisition of DS Smith Plc, which was initially published on January 24, 2025. With this sale, International Paper has now met all its obligations to the European Commission regarding the DS Smith acquisition.
International Paper (NYSE: IP) ha completato con successo la cessione di cinque stabilimenti europei di scatole ondulate al gruppo PALM, adempiendo agli impegni regolamentari legati all'acquisizione di DS Smith Plc. Gli stabilimenti ceduti comprendono tre impianti in Normandia, Francia (lo stabilimento di scatole di Saint-Amand, quello di Mortagne e lo stabilimento di fogli di Cabourg), un impianto di scatole a Ovar, Portogallo, e un impianto di scatole a Bilbao, Spagna.
La cessione è stata imposta dalla Commissione Europea come misura regolamentare per l'acquisizione di DS Smith Plc da parte di IP, annunciata inizialmente il 24 gennaio 2025. Con questa vendita, International Paper ha ora soddisfatto tutti i suoi obblighi verso la Commissione Europea riguardo all'acquisizione di DS Smith.
International Paper (NYSE: IP) ha completado con éxito la venta de cinco plantas europeas de cajas corrugadas al Grupo PALM, cumpliendo con sus compromisos regulatorios relacionados con la adquisición de DS Smith Plc. Las instalaciones vendidas incluyen tres plantas en Normandía, Francia (la planta de cajas de Saint-Amand, la planta de cajas de Mortagne y la planta de hojas de Cabourg), una planta de cajas en Ovar, Portugal, y una planta de cajas en Bilbao, España.
La venta fue ordenada por la Comisión Europea como medida regulatoria para la adquisición de DS Smith Plc por parte de IP, anunciada inicialmente el 24 de enero de 2025. Con esta venta, International Paper ha cumplido todas sus obligaciones con la Comisión Europea respecto a la adquisición de DS Smith.
International Paper (NYSE: IP)는 DS Smith Plc 인수와 관련된 규제 조건을 이행하기 위해 PALM 그룹에 5개의 유럽 골판지 상자 공장을 성공적으로 매각했습니다. 매각된 시설에는 프랑스 노르망디의 세 공장(생트아망 상자 공장, 모르타뉴 상자 공장, 카부르 시트 공장), 포르투갈 오바르의 상자 공장, 스페인 빌바오의 상자 공장이 포함됩니다.
이번 매각은 2025년 1월 24일 처음 발표된 DS Smith Plc 인수에 대한 유럽연합 집행위원회의 규제 조치로 요구된 것입니다. 이번 매각으로 International Paper는 DS Smith 인수와 관련된 모든 유럽연합 집행위원회 의무를 완료했습니다.
International Paper (NYSE : IP) a finalisé avec succès la cession de cinq usines européennes de boîtes en carton ondulé au groupe PALM, respectant ainsi ses engagements réglementaires liés à l'acquisition de DS Smith Plc. Les installations cédées comprennent trois usines en Normandie, France (usine de boîtes de Saint-Amand, usine de boîtes de Mortagne et usine de feuilles de Cabourg), une usine de boîtes à Ovar, Portugal, et une usine de boîtes à Bilbao, Espagne.
Cette cession a été imposée par la Commission européenne comme mesure réglementaire suite à l'acquisition de DS Smith Plc par IP, initialement annoncée le 24 janvier 2025. Avec cette vente, International Paper a désormais rempli toutes ses obligations envers la Commission européenne concernant l'acquisition de DS Smith.
International Paper (NYSE: IP) hat den Verkauf von fünf europäischen Wellpappenwerkstätten an die PALM Group erfolgreich abgeschlossen und damit seine regulatorischen Verpflichtungen im Zusammenhang mit der Übernahme von DS Smith Plc erfüllt. Zu den veräußerten Anlagen gehören drei Werke in der Normandie, Frankreich (Saint-Amand Kartonwerk, Mortagne Kartonwerk und Cabourg Bogenwerk), ein Kartonwerk in Ovar, Portugal, und ein Kartonwerk in Bilbao, Spanien.
Der Verkauf wurde von der Europäischen Kommission als regulatorische Maßnahme im Zusammenhang mit der Übernahme von DS Smith Plc durch IP angeordnet, die ursprünglich am 24. Januar 2025 bekannt gegeben wurde. Mit diesem Verkauf hat International Paper nun alle seine Verpflichtungen gegenüber der Europäischen Kommission bezüglich der DS Smith Übernahme erfüllt.
- Successfully completed required divestitures to comply with regulatory requirements
- Cleared final regulatory hurdle for DS Smith acquisition
- Strategic presence maintained in key European markets despite divestitures
- Reduction in European operational footprint with the sale of five facilities
- Potential loss of market share in affected regions (France, Portugal, and Spain)
The sale of these facilities was agreed to with the European Commission as a remedy for IP's acquisition of DS Smith Plc, as published on the Commission's website on January 24, 2025.
As a result, IP has satisfied all of its obligations towards the European Commission in connection with the acquisition of DS Smith Plc.
About International Paper
International Paper (NYSE: IP; LSE: IPC) is the global leader in sustainable packaging solutions. With company headquarters in
About PALM
PALM is a family-owned company with its headquarter in Aalen (
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SOURCE International Paper
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