International Paper completes acquisition of NORPAC
International Paper has completed the acquisition of North Pacific Paper Company (NORPAC) from One Rock Capital Partners for approximately USD 360 million. The transaction strengthens International Paper’s presence in the western United States and expands its ability to serve growing demand for lightweight, high-performance packaging grades across North America.
The acquisition brings together complementary operations, experienced teams and a shared commitment to customer service and operational excellence. The addition of NORPAC is expected to improve manufacturing flexibility across International Paper’s packaging network while enhancing service capabilities for customers on the US West Coast.
“Today is an important milestone for the NORPAC team and for Longview as we officially become part of International Paper,” said Craig Anneberg, CEO of NORPAC. “I’m proud of our employees for what we’ve built here, and joining International Paper gives us the opportunity to build on that foundation. We’re committed to continuing our role as a strong employer and community partner in Longview.”
Tom Hamic, Executive Vice President and President, Packaging Solutions North America at International Paper, described NORPAC as a strong strategic fit for the company’s long-term growth plans. “We’re proud to welcome the NORPAC team to International Paper and look forward to what we will accomplish together,” Hamic said. “NORPAC is a strong strategic fit for our business and expands our capabilities to support growing customer demand for lightweight high-performance packaging grades while improving service to our West Coast customers.”
Located in Longview, Washington, NORPAC has long been a significant producer of paper products in the Pacific Northwest and represents an important addition to International Paper’s packaging-focused business portfolio. The acquisition forms part of International Paper’s ongoing strategic transformation aimed at strengthening its packaging operations and creating additional value for customers, employees and shareholders.
