# Mondi to buy Egyptian industrial bag maker for €23.7m

Mondi agreed to acquire a privately owned industrial bags maker operating in Egypt for €23.7m (£20.9m), reported on 30 April 2018.

- Type: Acquisition
- Announced: 2018-04-30
- Where: Egypt, Egypt
- Value: $27.9M (23.7M EUR)
- Status: announced
- Products: industrial bags
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Mondi Group](https://endata.com/companies/896.md) (acquirer)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/20), 2018-06-04: "Mondi has agreed to acquire a privately-owned industrial bags maker operating in Egypt for €23.7m (£20.9m)."

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