Announced

Mondi to acquire Western Europe packaging assets of Schumacher Packaging for €634m.

Synopsis

Mondi, a provider of sustainable packaging and paper, agreed to acquire Western Europe packaging assets of Schumacher Packaging, a provider of sustainable packaging made from corrugated and solid board, for €634m. "Our focus is on investing to meet the growing market demand for sustainable packaging while driving value for our stakeholders. This acquisition significantly increases our corrugated converting capacity, extends our reach across Western Europe, and offers strong downstream integration opportunities, while broadening our customer offering with a complementary fibre-based product range," Andrew King, Mondi Group CEO.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US