![]() ![]() The Company’s customers include many of the world’s most widely-recognized companies and brands. The Company operates on a global basis, is one of the largest producers of folding cartons and paper-based foodservice products in the United States, and holds leading market positions in coated recycled paperboard, coated unbleached kraft paperboard and solid bleached sulfate paperboard. ![]() The Company is a leading provider of sustainable fiber-based packaging solutions for a wide variety of products to food, beverage, foodservice, and other consumer products companies. Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, is committed to providing consumer packaging that makes a world of difference. The total number of shares of the Company’s common stock outstanding following the transaction is roughly 306.9 million shares. As part of the final transaction, 22,773,072 membership units were exchanged for an equivalent number of shares of Graphic Packaging common stock. ![]() Graphic Packaging owned 79.5% of the partnership and was sole manager, while International Paper owned 20.5%. Graphic Packaging completed the combination with International Paper’s North America Consumer Packaging Business in January 2018. The partnership was mutually beneficial and provided returns for both companies.” Through the combination with International Paper’s consumer packaging business, along with our other organic and inorganic growth initiatives, we have built scale across all three paperboard substrates, and have unique flexibility to quickly meet changing demand patterns for sustainable packaging solutions and deliver value for all stakeholders.”ĭoss added, “I want to thank Mark Sutton, Chairman and Chief Executive Officer, and the entire International Paper team for their contributions in building a platform to service and grow with new customers in attractive markets. The highly integrated model we have built enables us to serve a broad set of global customers with new and innovative packaging solutions, positioning us to achieve the ambitious growth and return goals established in Vision 2025. Michael Doss, the Company’s President and CEO, said, “The partnership with International Paper played an important role as we established our leadership position in fiber-based consumer packaging across all three paperboard substrates. As a result, Graphic Packaging now owns 100% of the Partnership. The final tranche of the membership interests held by International Paper in Graphic Packaging International Partners, LLC (the “Partnership”) were exchanged for an equivalent number of shares of Graphic Packaging common stock. #Graphic packaging international paper upgrade#Since GPI planned to upgrade their international manufacturing facilities, they also needed a solution that could work seamlessly with multiple languages, including English, French Canadian, French, British English, Catalan, Spanish, Dutch, German and Canadian English.Graphic Packaging Holding Company (NYSE: GPK), (the “Company” or “Graphic Packaging”) announced today the conclusion of its successful partnership with International Paper Company. This additional functionality unlocks a 25% increase in efficiency and 30% increase in productivity for powerful gains in critical supply chain processes. We’re one of the largest manufacturers of paperboard and paper-based packaging for some of the world. With zero footprint on the SAP environment, RFgen Mobile Foundations for SAP collects and communicates data from almost any device, all while transacting against existing business rules using the SAP database-a big advantage for GPI. At Graphic Packaging International, we produce the paper cup that held your coffee this morning, the basket that transported those bottles of craft beer you enjoyed last weekend, and the microwave tray that heated your gourmet meal last night. RFgen Mobile Foundations for SAP integrates with any SAP deployment, cloud or on premise, and supports single-tier, two-tier and multitier ERP landscapes. The task force assigned to investigate possible solutions quickly determined that they would need to implement something that was already SAP-certified for a more seamless integration with their ERP and with minimized downtime during the transition. And with a future expansion and potential migration to SAP S/4HANA on the horizon, this need became even more apparent-and urgent. Previously relying on a legacy shop floor system and aging character-based data entry tool, Graphic Packaging International (GPI) knew they needed to upgrade their workflows with enhanced mobility and automation in order to keep up with increasing product demand and mitigate current operational deficiencies. ![]()
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