Graphic Packaging completes combination with International Paper's North America consumer packaging business
On a combined basis, Graphic Packaging is now an integrated paper-based packaging company.
Graphic Packaging Holding Co., Atlanta, completed the combination of Graphic Packaging's existing businesses with International Paper's North America consumer packaging business. Graphic Packaging owns 79.5% of the combined company and will be the sole manager. International Paper, Memphis, Tenn., will own 20.5% of the combined company.
There is no change to Graphic Packaging's current board of directors or leadership team.