On October 17, 2025 ProAmpac announced the acquisition of International Paper’s bag converting operations, a move that transfers the operations to ProAmpac and expands its converting capabilities.
The bag converting operations are part of IP’s packaging segment and serve grocery, convenience store, and quick‑service restaurant markets. By acquiring these assets, ProAmpac strengthens its Fiberization of Packaging® strategy and enhances its ability to deliver customized bag solutions.
For International Paper, the divestiture is part of its broader transformation to focus on core packaging and reduce non‑core assets. The sale allows IP to streamline its footprint and potentially improve operating margins while providing ProAmpac with new market reach.
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