International Paper Agrees to Acquire North Pacific Paper Company for $360 Million
International Paper has agreed to buy North Pacific Paper Company from One Rock Capital Partners for $360 million, enhancing its containerboard production. Separately, Allbirds sold its business for $39 million last month and plans to rebrand as NewBird AI while shifting to technology infrastructure. The deals reflect ongoing shifts in manufacturing and consumer goods sectors.
seekingalpha.comInternational Paper Acquisition
International Paper agreed to buy North Pacific Paper Company for $360 million.
The agreement was announced on Thursday. International Paper agreed to acquire North Pacific Paper Company from One Rock Capital Partners for $360 million. North Pacific Paper Company's mill is located in Longview, Washington.
The mill produces about one million tons of containerboard annually. The mill is expected to enhance International Paper's system flexibility. International Paper management called the deal a strong strategic fit.
International Paper had $145 billion as of December 31, 2025.
Allbirds Business Shift
Allbirds sold its business for $39 million last month.
Allbirds plans to buy powerful computer chips. Allbirds plans to rebrand itself as NewBird AI. Allbirds is selling off its shoe brand. Allbirds plans to shift to providing technology infrastructure.
Story Timeline
6 events- 2026-04-16
International Paper agreement to acquire North Pacific Paper Company announced on Thursday.
1 sourceunattributed - 2026-03
Allbirds sold its business for $39 million last month.
1 sourceunattributed - 2025-12-31
International Paper had $145 billion as of December 31, 2025.
1 sourceunattributed - ongoing
Allbirds plans to rebrand itself as NewBird AI.
1 sourceAllbirds - ongoing
Allbirds plans to shift to providing technology infrastructure.
1 sourceunattributed - ongoing
Allbirds is selling off its shoe brand.
1 sourceunattributed
Potential Impact
- 01
Shift in Allbirds' business model from footwear to AI and technology infrastructure.
- 02
Enhanced production capacity for International Paper in containerboard market.
- 03
Strategic fit improving International Paper's system flexibility.
- 04
Potential job stability or changes at North Pacific Paper Company's mill in Longview, Washington.
- 05
Market reaction to Allbirds' rebranding and asset sales.
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