International Paper Company (NYSE:IP) on Thursday agreed to acquire North Pacific Paper Company (NORPAC) from One Rock Capital Partners for $360 million to expand its packaging footprint on the U.S. West Coast.
NORPAC’s Longview, Washington mill, which produces about one million tons of containerboard annually, is expected to enhance International Paper’s system flexibility, lower costs and support growing demand for recycled packaging.
Management called the deal a “strong strategic fit,” citing NORPAC’s customer base, location and operational capabilities. The transaction is subject to regulatory approvals.
International Paper reported cash and temporary investments of $1.145 billion as of December 31, 2025.
Technical Analysis
International Paper is currently trading within a 52-week range, with a high of $56.13 and a low of $33.57. The stock is trading 2.7% above its 20-day simple moving average (SMA), suggesting a short-term bullish trend, while it remains 9.1% below its 50-day SMA and …
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