tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

International Paper Announces Site Closures in Germany Amid Strategic Transformation

Story Highlights
International Paper Announces Site Closures in Germany Amid Strategic Transformation

Meet Your ETF AI Analyst

International Paper Co ( (IP) ) just unveiled an update.

International Paper has announced a proposal to close five sites in Germany, affecting approximately 500 roles, as part of its strategic review to enhance efficiency and respond to challenging market conditions. This move is part of the company’s broader transformation to strengthen its position in sustainable packaging solutions and optimize resources for future growth.

More about International Paper Co

International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with EMEA headquarters in London. The company employs over 65,000 people and operates in more than 30 countries, focusing on the North American and EMEA regions. In 2025, it acquired DS Smith, enhancing its industry leadership.

Find detailed analytics on IP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1