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New Deal


Announced

Mondi to acquire Duino mill from Burgo Group for €40m.

Financials

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Transaction Value£33m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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pulp & paper machinery

Majority

Italy

Pending

Containers and Packaging

Cross Border

Acquisition

Friendly

Private

Single Bidder

Synopsis

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Mondi, a manufacturer and seller of packaging and paper products, agreed to acquire Duino mill, a mill that operates one paper machine producing lightweight coated mechanical paper, from Burgo Group, a papers producer, for €40m ($41m). “We are excited by this opportunity to invest in the growth of our packaging business, build on our integrated platform and broaden our geographic reach," Andrew King, Mondi CEO.

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