American Industrial Partners Acquires International Paper’s Global Cellulose Fibers (GCF) Business

January 24, 2026

American Industrial Partners (AIP) has completed its acquisition of International Paper’s Global Cellulose Fibers (GCF) business. The transaction was valued at $1.5 billion, with AIP paying cash and issuing preferred stock to International Paper, and GCF now operates as an independent company.

Targets
International Paper - Global Cellulose Fibers (GCF)
Sellers
International Paper
Location
Tennessee, United States
Transaction Type
Buyout

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