One will be North American-focused that will retain the IP name and the other will be a standalone EMEA packaging business.

Memphis-based International Paper said it will split into two publicly traded companies by spinning off its European packaging business.

In September 2025, Kraft Heinz said it planned to break up the company into two independent, publicly-traded companies. The split is intended to maximize Kraft Heinz’s capabilit ...

International Paper announced plans to split into two independent, publicly traded companies, separating its North American ...

International Paper reports that the split will be complete in 12-15 months.

Jan 29 (Reuters) - International Paper said on Thursday it would split into two publicly traded companies by spinning off its ...

Kraft Heinz named former Kellanova CEO Steve Cahillane chief executive effective Jan. 1, replacing Carlos Abrams-Rivera, who will advise until March 6. The move follows a planned split as shares are ...

It was announced Thursday that the North American half of the business will continue to be known as International Paper, ...