# Mondi completes acquisition of NPP industrial bags plant in Egypt

Mondi Group completed the acquisition of National Company for Paper Products and Import & Export (NPP) for EGP 510 million (about EUR 24 million), adding an industrial bags plant in Giza near Cairo.

- Type: Acquisition
- Announced: 2018-06-19
- Where: Giza near Cairo, Egypt
- Value: $28.5M (510.0M EGP)
- Status: completed
- Products: industrial bags
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Mondi Group](https://endata.com/companies/896.md) (acquirer)
- [National Company for Paper Products and Import & Export](https://endata.com/companies/3466.md) (target)

## Sources

- [mondigroup.com](https://www.mondigroup.com/news-and-insight/2018/mondi-group-completes-the-acquisition-of-npp-in-egypt/), 2018-06-19: "it has completed the acquisition of National Company for Paper Products and Import & Export S.A.E (NPP)"

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