In a strategic move, Mondi plc, a leading sustainable consumer and industrial packaging solutions provider, has wrapped up its exit from Russia. The culmination of this significant decision comes with the completion of the sale of Joint Stock Company Mondi Syktyvkar, its last remaining facility in Russia, along with two affiliated entities, to Sezar Invest […]
Mondi plc revealed the signing of a deal to divest its three packaging converting operations in Russia to the Gotek Group, a Russian packaging producer, for RUB 1.6 billion (€24 million). According to the UK-based packaging and paper group, the three packaging converting operations are made up of a corrugated solutions facility and a couple […]
Mondi plc, a UK-based packaging and paper group, has agreed to divest its personal care components business to Japan-based Nitto Denko for €615 million. According to Mondi, its strategic focus is to expand in packaging and the limited overlap of personal care components with the rest of its business has driven its decision to sell […]