SEATTLE (April 21, 2026)—Perkins Coie is pleased to have represented International Paper, a leader in sustainable packaging solutions, in an agreement to acquire North Pacific Paper Company, a portfolio company of One Rock Capital Partners, for $360 million. The acquisition is subject to regulatory approval.
North Pacific Paper Company is a U.S.-based paper manufacturer headquartered in Longview, Washington. The facility operates three industry‑leading paper machines and produces one million tons of containerboard and other paper grades annually.
The acquisition complements International Paper’s existing mill system by enhancing operational flexibility, reducing costs, and expanding capabilities to meet growing customer demand for lightweight, high‑performance recycled containerboards. Additional information on the acquisition is available here.
The multidisciplinary Perkins Coie advisory team was led by M&A Partners David Martinez and John Thomas, Counsel Elaine Kwak, and Associates Golnaz Camarda and Taylor Menzel, and included Partners Emily Bushaw, Pete Kinsella, Tomer Vandsburger, Nick Franzen, Jeff Hunter, and Michael Sharkey; Counsel Jane Carmody; and Associates Dania Assas, Caroline Capili, and Grace Guan.
