International Paper announced it has completed the sale of its Global Cellulose Fibers (GCF) business to funds affiliated with American Industrial Partners (AIP) on January 23, 2026. The transaction was finalized under the terms of a previously announced agreement from August 20, 2025.
Key Details
- Transaction Value: The total purchase price was $1.5 billion.
- Deal Structure: The price includes the issuance of $190 million in preferred stock to International Paper.
- Divested Business: The sold GCF business operations generated approximately $2.3 billion in revenue in 2024.