# Olmuksan stake sold to Mondi Corrugated in share purchase agreement

I.P. Container Holdings, majority shareholder of Olmuksan, signed a share purchase agreement with Mondi Corrugated for 90.38% of Olmuksan for EUR 66.4 million, per Bloomberg HT reporting.

- Type: Acquisition
- Announced: 2021-01-05
- Where: Turkey, Türkiye
- Value: $81.0M (66.4M EUR)
- Status: announced
- Products: corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [I.P. Container Holdings](https://endata.com/companies/7447.md) (partner)
- [Mondi Corrugated](https://endata.com/companies/7448.md) (acquirer)
- [Olmuksan](https://endata.com/companies/7449.md) (target)

## Sources

- [bloomberght.com](https://www.bloomberght.com/ip-olmuksanin-satisi-icin-mondi-corrugated-ile-sozlesme-yapti-2271966), 2021-01-05: "Sözleşmede, toplam satın alma bedelinin yüzde 90,38'lik hisse için 66,4 milyon euro olarak belirlendiği kaydedildi."

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