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

Installed Building Products Acquires Carolina Precision Fibers

September 8, 2025

Building Products

Installed Building Products, Inc. (IBP) has acquired Carolina Precision Fibers ACP, LLC (CPF), a manufacturer of cellulose-based insulation, hydromulch and composite fiber products based in Ronda, North Carolina. The acquisition adds over $20 million of annual revenue and expands IBP's direct access to environmentally responsible insulation materials across multiple U.S. regions.

Saint-Gobain Acquires Business Assets of International Cellulose Corporation

February 2, 2024

Building Products

Saint-Gobain has acquired the business assets of International Cellulose Corporation (ICC), a Houston-based manufacturer of spray-applied, plant-fiber insulation and acoustical finishing systems. The assets — including Ecosorb International — will join CertainTeed's Commercial Building and Infrastructure business in North America, strengthening Saint-Gobain's sustainable insulation and fireproofing portfolio; ICC operates a manufacturing site in Houston with approximately 50 employees.

American Industrial Partners Acquires AGCO’s Grain & Protein Business

July 25, 2024

Industrial Services

American Industrial Partners (AIP) acquired AGCO’s Grain & Protein division in an all-cash transaction valued at approximately $700 million. The divested business operates as a standalone, privately held company named Grain & Protein Technologies, led by Jacob Thomas as CEO.

American Industrial Partners Acquires Domtar Personal Care from Domtar Corporation

March 1, 2021

Consumer Products

American Industrial Partners (AIP) completed the acquisition of Domtar Personal Care, the personal hygiene products division of Domtar Corporation, in a transaction valued at $920 million. Headquartered in Raleigh, North Carolina, Domtar Personal Care (approximately 2,000 employees) manufactures adult incontinence, infant and related personal hygiene products across multiple North American and European facilities; AIP will provide operational resources to drive improvement and future growth.

International Paper Acquires Berkley Molded Fiber Division

February 24, 2021

Manufacturing

The International Paper Company has acquired Berkley International's Molded Fiber manufacturing division, Berkley MF LLC, from Berkley International. The deal transfers an 80,400 sq. ft. molded fiber plant (located outside Reno, Nevada) and capabilities for sustainable molded-pulp packaging to International Paper; the purchase price was not disclosed.

Foundation Investment Partners (FIP) Acquires Paper Converters, Inc. Through Sustainable Packaging

January 30, 2026

Packaging

Foundation Investment Partners (FIP) announced the successful acquisition of Paper Converters, Inc. through its platform company, Sustainable Packaging, LLC. Paper Converters (founded in 2002, located in Walterboro, South Carolina) manufactures spiral wound paper tubes, edge board, and sheeting serving the textile industry in the Southeastern U.S.