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IP integrates Zellerbach and closes 25 facilities

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Published in issue 34/1998
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International Paper (IP) has completed the acquisition of the distribution company Zellerbach, which it acquired from Mead Corporation in June 1998 for $263m. Zellerbach will be integrated into xpedx, International Paper's distribution business. IP further said the consolidation of the two companies would add $1.2bn ...

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