International Paper Acquires North Pacific Paper Company (NORPAC) for $360 Million

April 17, 2026

International Paper entered into an agreement to acquire North Pacific Paper Company (NORPAC) from One Rock Capital Partners for $360 million. NORPAC operates a paper mill in Longview, Washington and produces lightweight recycled containerboard and other paper grades. The acquisition is intended to strengthen International Paper’s West Coast packaging capabilities and improve production flexibility and service levels.

Targets
North Pacific Paper Company (NORPAC)
Sellers
One Rock Capital Partners
Industry
Packaging
Location
Washington, United States
Transaction Type
Buyout

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