LONDON: Mondi plc has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging. This acquisition will expand Mondi’s corrugated footprint in Western Europe and add complementary fibre-based products, focused on eCommerce and FMCG, to enhance its existing customer offering. Today’s announcement is in line…
All posts tagged Mondi plc
Mondi Plc has acquired Hinton Pulp mill for $5 million
LONDON, UK: Mondi plc (Mondi), a global leader in the production of sustainable packaging and paper, has completed the acquisition of Hinton Pulp mill in Alberta, Canada, from West Fraser Timber Co. Ltd (West Fraser) for a total consideration of USD 5 million. The mill has the capacity to produce around 250,000 tonnes of pulp…
Mondi agrees to sell Mondi Syktyvkar for €775 million to Sezar Invest
LONDON, UK: Mondi plc has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Sezar Invest LLC for a total cash consideration of RUB 80 billion (approximately €775 million at the current exchange rate) to be paid in a series of…
Mondi plc
Mondi plc is an international packaging and paper group employing around 26,000 people with around 100 production sites across more than 30 countries, predominantly in Europe, Russia, North America and South Africa. It is fully integrated across the packaging and paper value chain – from the growing of wood and the manufacturing of pulp and…