Editions   North America | Europe | Magazine

WhatTheyThink

International Paper Agrees to Sell Decorative Products Division

Press release from the issuing company

STAMFORD, Conn., May 1 - International Paper announced today it has entered into a purchase and sale agreement to sell its Decorative Products Division to an affiliate of Kohlberg & Company. The agreement is subject to continuing due diligence, and other terms and conditions that were not disclosed. A further announcement will be made when the transaction closes. The Decorative Products Division manufactures and markets high and low pressure laminates, particleboard, man-made veneer, and foam based graphics and insulation products. This business includes ten manufacturing sites, nine distribution sites, and roughly 2100 employees in North America.

WhatTheyThink is the official show daily media partner of drupa 2024. More info about drupa programs