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Fredericks Michael & Co. advises International Paper Company (USA) and Shorewood Packaging in forming Shorewood de Mexico with Cartograf, S.A. de C.V.
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Shorewood Packaging, a business of International Paper, has completed the first phase of its strategy to expand into Latin America. Shorewood de Mexico was formed as the result of Shorewood's joint venture with Cartograf S.A. de C.V., a leading packaging manufacturer in Mexico. Shorewood de Mexico will utilize Cartograf's facility in Aguascalientes (central Mexico) to provide high-end packaging solutions for multinational companies in Latin America. Shorewood de Mexico will leverage on a skilled and motivated workforce ready to provide world-class quality and service. Fredericks Michael & Co. initiated this transaction, assisted in negotiations and acted as financial advisors to International Paper and Shorewood Packaging.
Shorewood Packaging is a leading value-added provider of high quality creative, printing, packaging and retail display products that help customers enhance their brands in the global marketplace. Shorewood serves a diverse range of customers in the home entertainment and tobacco industries, in addition to pharmaceutical, cosmetic, confectionary, sporting goods and private label customers in the consumer products industry. Shorewood is committed to helping customers achieve their sustainability goals through its greenchoice™ sustainable packaging solutions program. Shorewood Packaging is a business of International Paper and has multiple manufacturing facilities in North America, Europe and Asia.To learn more about Shorewood and its products and services, visit www.shorewoodpackaging.com. International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs more than 65,000 people in more than 20 countries and serves customers worldwide. 2007 net sales were approximately $22 billion. For more information about International Paper, its products and stewardship efforts, visit
www.internationalpaper.com. Cartograf S.A. de C.V. a company of Grupo Cartograf, is one of the largest manufacturers of high-quality folding carton packaging in Mexico. Established in 1987, Cartograf serves a diverse range of domestic and international customers in the tobacco and consumer products markets. The company employs more than 750 people in two manufacturing facilities which are located near the major industrial centers of Mexico.
For over 20 years, Fredericks Michael & Co. has served as financial advisor to large corporations, private and family-controlled businesses, and financial sponsors seeking to execute cross-border mergers, acquisitions, divestitures and strategic alliances in Europe, the Americas and Asia. In addition to its extensive expertise in all aspects of cross-border transactions, FM&Co.'s private ownership, its commitment to service and confidentiality, its approach towards developing long term relationships are key factors for being selected as an advisor on M&A transactions. With offices in New York and London, FM&Co. offers its clients the critical knowledge, cross-cultural understanding and industry relationships needed to carry out transactions in a time efficient, thorough and discreet manner.
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