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flag IPL merges with Schoeller Allibert to form a $1.4B sustainable packaging company.

flag IPL, a Dublin-based rigid-plastic products maker, is merging with Dutch firm Schoeller Allibert to form a $1.4 billion company focusing on sustainable packaging. flag The new entity will have a presence in 27 locations across Europe, the UK, and North America. flag IPL's CEO, Alan Walsh, will lead the merged company, which will be 55% owned by IPL shareholders and 45% by Schoeller Allibert shareholders.

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