# Mondi completes purchase of 90.38% of Olmuksan

Mondi bought 90.38% of Turkish corrugated packaging company Olmuksan, following its earlier plan to acquire the shares from International Paper for US$80.6m.

- Type: Acquisition
- Announced: 2024-05-22
- Where: Turkey, Türkiye
- Value: $80.6M
- Status: completed
- Products: corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [International Paper](https://endata.com/companies/716.md) (partner)
- [Mondi Group](https://endata.com/companies/896.md) (acquirer)
- [Olmuksan](https://endata.com/companies/7449.md) (target)

## Sources

- [inside-packaging.nridigital.com](https://inside-packaging.nridigital.com/packaging_sep21/packaging_industry_briefing), 2024-05-22: "Mondi has purchased 90.38% of Turkish corrugated packaging company Olmuksan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.