International Paper acquired DS Smith in 2025, creating two regional sustainable packaging powerhouses. As the next step in our company’s transformation, International Paper has announced a plan to separate into two independent, publicly traded companies—one focused on North America and one focused on Europe, Middle East & Africa.

This positions both businesses to accelerate growth, strengthen focus and better serve our customers for the long term.

What is Changing – And What is Not

The separation will create two leading sustainable packaging solutions companies, each with its own focused management team, business model, and investment strategy.

Europe, Middle East & Africa (EMEA)

The new, publicly traded company will include both legacy International Paper and legacy DS Smith assets currently operating in the EMEA region.

North America

The company will continue to operate as International Paper in North America and will include both IP and recently acquired DS Smith assets.

Importantly, for our EMEA customers, nothing changes in how we work with you today.

What This Means for You As a Customer

We will continue to serve a wide range of industries with sustainable packaging solutions, designed to protect products, enhance supply chains and support customer sustainability objectives.

Customers will continue to receive the same highquality products, reliable service, and partnership you expect from us.

You can expect:

  • No change to your point of contact—your representative remains the same.
  • No change to your contracts or terms at this time.
  • Continued delivery of the same high-quality products and service you rely on.
  • Ongoing commitment to your sustainability objectives through fiber based, innovative packaging solutions.

As we approach the formal separation, we will keep you informed every step of the way.

We value the trust you place in us. If you have questions, your sales representative is available to support you at any time.

Investors

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Media

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Customers

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representative.