Mondi to acquire 90.38% of Turkish corrugated packaging maker Olmuksan from International Paper

Mondi agreed to acquire a 90.38% stake in Olmuksan International Paper Ambalaj, a listed Turkish corrugated packaging producer with five plants, from International Paper for €66 million, with completion expected in the first half of 2021.

“Mondi has agreed to acquire 90.38% of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.Ş”mondigroup.com

• 2 sources
• mondigroup.comMondi to acquire Olmuksan, a leading Turkish corrugated packaging playerJan 4, 2021
• prnewswire.comInternational Paper Reaches Agreement to Sell Its Corrugated Packaging Business in TurkeyJan 5, 2021

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