International Paper Expands Footprint with Delmarva Acquisition -- Market Talk

Dow Jones

May 18

1101 ET - International Paper is expanding its market presence on the East Coast and building out its capabilities with the acquisition of Delmarva Corrugated Packaging's facility in Dover, Delaware. "This acquisition strengthens our footprint in the region and supports our long term growth strategy," International Paper EVP Tom Hamic says in a press release. The Dover facility has a strong customer base and a strategic location, Hamic says. Delmarva CEO Dennis Mehiel says he can't think of an organization better suited than International Paper to help the Dover facility achieve its full potential. "We are highly confident this transaction will benefit all of DCP's stakeholders," he says. The financial terms of the deal weren't disclosed. (dean.seal@wsj.com)

(END) Dow Jones Newswires

May 18, 2026 11:01 ET (15:01 GMT)

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The Dover facility has a strong customer base and a strategic location, Hamic says. Delmarva CEO Dennis Mehiel says he can't think of an organization better suited than International Paper to help the Dover facility achieve its full potential. \"We are highly confident this transaction will benefit all of DCP's stakeholders,\" he says. The financial terms of the deal weren't disclosed. 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The Dover facility has a strong customer base and a strategic location, Hamic says. Delmarva CEO Dennis Mehiel says he can't think of an organization better suited than International Paper to help the Dover facility achieve its full potential. \"We are highly confident this transaction will benefit all of DCP's stakeholders,\" he says. The financial terms of the deal weren't disclosed. 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The Dover facility has a strong customer base and a strategic location, Hamic says. Delmarva CEO Dennis Mehiel says he can't think of an organization better suited than International Paper to help the Dover facility achieve its full potential. \"We are highly confident this transaction will benefit all of DCP's stakeholders,\" he says. The financial terms of the deal weren't disclosed. (dean.seal@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 18, 2026 11:01 ET (15:01 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}