International Paper Updates Post-Offer Intentions with DS Smith

International Paper Co ( (IP) ) has issued an update.

International Paper has announced an update to its post-offer intentions following its combination with DS Smith plc, which involved closing five packaging sites in the UK, relocating one site, and reducing operations and headcount at others. These strategic moves, part of International Paper’s effort to enhance efficiency and sustainability, are expected to affect approximately 300 roles and are set to be implemented by the end of the year, pending ongoing consultations with employees and unions.

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 team members and operates in more than 30 countries, focusing on the North American and EMEA regions. In 2025, it acquired DS Smith, further solidifying its position in the industry.

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