Private company
Who owns Global Cellulose Fibers business (American Industrial Partners)
One company in the researched set discloses a stake in Global Cellulose Fibers business (American Industrial Partners), worth $168m between them. Global Cellulose Fibers business (American Industrial Partners) is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Global Cellulose Fibers business (American Industrial Partners) - Profile
- Type
- private company
- Based in
- United States
Global Cellulose Fibers (GCF) is a pulp producer that was carved out of International Paper and sold to funds affiliated with the private equity firm American Industrial Partners on 23 January 2026 for $1.5 billion. The business makes absorbent fluff pulp and specialty pulp: the fluff grades go into diapers, feminine care, incontinence and other personal care products and into towel and tissue, while the specialty grades are sold as a raw material for construction products, paints and coatings. At the time of the sale it ran nine manufacturing facilities and eight regional offices with about 3,300 employees, and the operations transferred generated roughly $2.3 billion of revenue in 2024. It now trades as a standalone company rather than a segment of a packaging group.
Source
Global Cellulose Fibers business (American Industrial Partners) files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from International Paper 8-K exhibit: completion of the GCF sale, International Paper press release on PR Newswire and Ropes & Gray: AIP completes acquisition of International Paper's GCF business. The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- International Paper Company, as of 30 Jun 2026. On 23 Jan 2026, International Paper completed the sale of its Global Cellulose Fibers (GCF) business to American Industrial Partners (AIP) for $1.1 billion cash plus preferred stock with an aggregate initial liquidation preference of $168 million (subject to final working capital and net debt adjustments), per the Q2 2026 10-Q's Note 9, Divestitures. The FY2025 10-K, filed before closing, had estimated the preferred stock at a $190 million initial liquidation preference; the 10-Q's $168 million is the closed, final figure and supersedes it. The preferred stock has no readily determinable fair value and is carried at cost under the measurement alternative; the Company identified no observable price changes or impairment indicators as of 30 Jun 2026, so $168 million is also the carrying value at that date. Neither filing names the specific legal entity that issued the preferred stock beyond identifying the buyer as American Industrial Partners (AIP); no share count, ownership percentage, or total capitalization of that entity is disclosed. sourcesource 2
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Global Cellulose Fibers business (American Industrial Partners) where a holder stated one, and are missing where no holder did.