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Packaging Dive

Packaging Dive

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Packaging industry corporate changes incl. M&A.

Recent Posts

Cascades Targeting $100M in Additional Divestitures for 2026
News•Feb 26, 2026

Cascades Targeting $100M in Additional Divestitures for 2026

Cascades announced a $100 million target for additional divestitures by mid‑2026 as it exits honeycomb and partition packaging segments and shuts three plants. The company sold its Richmond corrugated plant for $69 million, boosting cash flow and helping meet its $120 million asset‑sale goal. Q4 sales slipped 3.3% year‑over‑year, but operating income surged 147% to $235 million and debt leverage improved to 3.3×. Management expects first‑quarter earnings to rise year‑over‑year despite seasonal and weather headwinds.

By Packaging Dive
International Paper CEO Pulls Back the Curtain on Planned Geographic Split
News•Feb 26, 2026

International Paper CEO Pulls Back the Curtain on Planned Geographic Split

International Paper announced it will separate into two independent companies—one focused on North America and the other on Europe—after CEO Andy Silvernail highlighted regional strengths at the BofA 2026 Global Agriculture and Materials Conference. The split follows the $1.5 billion sale...

By Packaging Dive
CD&R’s Acquisition of Sealed Air Clears Hurdles
News•Feb 25, 2026

CD&R’s Acquisition of Sealed Air Clears Hurdles

Sealed Air shareholders voted to approve a $6.2 billion takeover by private‑equity firm Clayton, Dubilier & Rice (CD&R). The European Commission recently cleared the deal, finding no competition concerns, allowing the transaction to move toward closing pending final regulatory sign‑offs. The...

By Packaging Dive