INTERNATIONAL PAPER CO /NEW/ (IP): M&A transaction — International Paper completes sale of Global Cellulose Fibers to AIP for $1.5B

INTERNATIONAL PAPER CO /NEW/

Closed Jan 23, 2026; total purchase price $1.5B including $190M preferred stock in Absorbent Fiber Topco.
GCF business generated ~$2.3B in 2024 revenue (excluding closed mills); $2.8B including closed mills.
GCF has 3,300 employees, nine manufacturing facilities, and eight regional offices.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

INTERNATIONAL PAPER CO /NEW/ completed a disposition involving funds affiliated with American Industrial Partners for $1.5 billion (closed 2026-01-23).

Action: disposition
Counterparty: funds affiliated with American Industrial Partners
Consideration: $1.5 billion
Closing: 2026-01-23

Exact text from the filing

amended, among the Company and certain parties thereto (the “Sale Agreement”). Pursuant to the Sale Agreement, Buyer acquired the Company’s GCF business for a purchase price of $1.5 billion, which includes the issuance to the Company of preferred stock of Absorbent Fiber Topco, Inc. (“Parent”) with an aggregate initial liquidation preference of $190 million. The

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14 m&a transactions filed in the last 30 days. Browse all m&a transactions →

INTERNATIONAL PAPER CO /NEW/ filing history →

Source: SEC EDGAR

accession 0001628280-26-003279

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