Tuesday, April 27, 2010
International Paper Buys SCA's Packaging Business
International Paper will buy SCA's packaging business in Asia for $200Million. This acquisition includes 13 box plants and $250Million in sales. This purchase will compliment International Paper's current non integrated container business in Asia and enforce the objective of growing its global footprint.
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2 comments:
Any truth to romour Inter'l Paper might buy Smurfit Stone?
Not very likely. The conditions of their assests are not up to the standards that IP is trying to establish with the Weyer. acquistion. Additionally there would be major anti trust issues. Not a fit.
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