Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 International Paper and Atlas Holdings Merge - Beauty Packaging

What are you searching for?

Sign in
Beauty Industry

International Paper and Atlas Holdings Merge

The two companies will combine consumer packaging solutions businesses.

Author Image

By: Jamie Matusow

Editor-in-Chief

International Paper and Atlas Holdings signed a definitive agreement to combine their consumer packaging solutions businesses. As a result of the agreement, Shorewood Packaging and AGI World, two leading global specialty packaging companies, will become AGI-Shorewood, creating one of the largest specialty packaging businesses in the world with operations in North America, Europe, Asia, Australia and Latin America.

Once the transaction is complete, the new company will employ nearly 4,000 people and will operate 24 manufacturing facilities around the world. AGI-Shorewood will be a supplier to beauty and personal care, cosmetics and fragrance, healthcare and pharmaceuticals, and other markets. Current Shorewood Packaging President, Mike Ukropina will lead the AGI-Shorewood organization as president and CEO.

Upon closing of the transaction, Atlas will own 100 percent of the combined AGI-Shorewood business in the U.S. and International Paper will own a 40 percent interest in the combined AGI-Shorewood business outside of the U.S. The deal is expected to close before the end of 2011.


Add us as a preferred source on Google

Get the latest Beauty Packaging news, insights and analysis in your Google Search and AI experiences.

Add Beauty Packaging as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Beauty Packaging Newsletters