M&A Deal Summary

International Paper Acquires Weyerhaeuser - Containerboard Packaging and Recycling Business

On March 17, 2008, International Paper acquired forest products company Weyerhaeuser - Containerboard Packaging and Recycling Business from Weyerhaeuser for 4.6B USD

Acquisition Highlights
  • This is International Paper’s 2nd transaction in the Forest Products sector.
  • This is International Paper’s 3rd largest (disclosed) transaction.
  • This is International Paper’s 7th transaction in the United States.

M&A Deal Summary

Date 2008-03-17
Target Weyerhaeuser - Containerboard Packaging and Recycling Business
Sector Forest Products
Buyer(s) International Paper
Sellers(s) Weyerhaeuser
Deal Type Divestiture
Deal Value 4.6B USD

Target

Weyerhaeuser - Containerboard Packaging and Recycling Business

United States
Containerboard Packaging and Recycling business.

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Buyer(S) 1

Buyer

International Paper

Memphis, Tennessee, United States

Category Company
Founded 1898
Sector Packaging
Employees38,200
Revenue 18.9B USD (2023)
DESCRIPTION
International Paper's corporate headquarters in Memphis, Tennessee.
International Paper's corporate headquarters in Memphis, Tennessee.

International Paper is a multinational company operating in the packaging and paper industry. International Paper provides sustainable packaging, pulp, and paper products and serves a diverse range of customers, including manufacturers, retailers, and consumers. International Paper was founded in 1898 and is based in Memphis, Tennessee.


DEAL STATS #
Overall 7 of 15
Sector (Forest Products) 2 of 3
Type (Divestiture) 3 of 7
Country (United States) 7 of 10
Year (2008) 1 of 1
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-17 Central Lewmar

Clifton, New Jersey, United States

Central Lewmar LLC is a paper and packaging distribution company. The company employs approximately 550 people at three hub centers, 22 offices, and 14 locations, including Strategic Paper Group, Whiteman Tower, Andrews Paper House of York, Buff-Pac, Central Lewmar International, Central Lewmar/MidAtlantic, Central Lewmar/Newark, Central Lewmar South, Automated Machine and Control, First State Paper, Geo. W. Millar, Marquardt & Company, McAliece Imaging Products, and eight PickQuick Papers stores.

Buy $185M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-26 Svenska Cellulosa Aktiebolaget SCA - Asian Packaging Operation

China

Svenska Cellulosa Aktiebolaget SCA - Asian Packaging Operation is a provider of packaging products.

Buy $200M

Seller(S) 1

SELLER

Weyerhaeuser

Seattle, Washington, United States

Category Company
Founded 1900
Sector Forest Products
Employees9,300
Revenue 7.7B USD (2023)
DESCRIPTION
Weyerhaeuser service center in St. Paul, Minnesota.
Weyerhaeuser service center in St. Paul, Minnesota.

Weyerhaeuser is a large private owner of timberlands and manufacturer of building materials. Weyerhaeuser owns or controls nearly 7 million acres of timberlands, primarily in the US, and manages additional timberlands under long-term licenses in Canada. The Company also manufacturers wood products and specialty cellulose fibers products. Weyerhaeuser was founded in 1900 and is based in Seattle, Washington.


DEAL STATS #
Overall 4 of 11
Sector (Forest Products) 4 of 8
Type (Divestiture) 4 of 11
Country (United States) 4 of 11
Year (2008) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-30 OrganicID

Colorado Springs, Colorado, United States

OrganicID, Inc., a developer of printed radio frequency identification devices. OrganicID holds proprietary technology to design and develop low cost, item-level RFID tags for inventory control and supply-chain applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-18 RedBuilt

Boise, Idaho, United States

RedBuilt LLC manufactures and designs joists, beams and wood trusses for commercial, industrial and multifamily residential building applications. RedBuilt was formed in 1958 and is based in Boise, Idaho.

Sell -