Mondi acquires 96% stake in Egypt's Suez Bags

Mondi has acquired a 96% interest in Egyptian industrial bags producer Suez Bags for EGP 284 million ($15.88 million), to be integrated into its Fibre Packaging business.

“Mondi has acquired a 96% interest in Suez Bags for EGP284m ($15.88m) to expand its business in Egypt.”packaging-gateway.com

• 1 source
• packaging-gateway.comM&As this week: IPG, Mondi, Transcendia, IVL, Sealed Air Corporation News -Aug 9, 2018

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