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Saturday, July 2, 2022

International Paper [NYSE: IP] Reports Purchase Of Berkley MF LLC

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International Paper [NYSE: IP] has purchased Berkley International’s Molded Fiber (Pulp) production subsidiary, Berkley MF LLC. Berkley is the provider of essential packaging and e-commerce warehousing. Additionally, Berkely exclusive financial advisor was Calabasas Capital

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The International Paper Company is a leading  American producer of fiber-based packaging, pulp, and paper. It has roughly 56,000 workers. Moreover, the location of the company is in Memphis, Tennessee.

Following seven years of production outside of Los Angeles, Berkley moved tasks into an 80,400 square foot production plant outside of Reno, Nevada in 2019.

Berkley International works with high development CPG organizations. The organizations are looking forward to using their supportable packaging technology for e-commerce business and food packaging applications. Berkley MF gives in-house model, production, and distribution of fiber packaging items. These fiber Packaging products are custom shaped.

Berkley’s main focus is bringing the pulp production sector that is homegrown a cheap substitute to single utilize plastic, and foam-based bundling mediums like EPS (Styrofoam).

Berkley International, the previous parent organization will keep on serving their clients and occupied with the deals of formed fiber items.

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