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Mondi completes merger of Tire Kutsan and Olmuksan in Turkey · Endata

◂ Announcements

Packagingworld trade 2024+3.9% 5Y CAGR

Jul 1, 2022ACQUISITIONTire, Izmir, Türkiye

Mondi completes merger of Tire Kutsan and Olmuksan in Turkey

Mondi's Turkish corrugated subsidiaries Mondi Tire Kutsan and Mondi Olmuksan merged into Mondi Turkey Oluklu Mukavva, effective 30 September 2022. The announced merger operates nine corrugated plants, a containerboard mill in Tire and a waste paper facility in Adana.

Status

Completed

Productscorrugated packagingcontainerboard

CompaniesMondi Group Mondi Tire Kutsan partner Mondi Olmuksan partner

Sectors#Packaging

“Mondi has now confirmed that all conditions have been satisfied and the merger ... came into effect from 30th September.”thepackagingportal.com

1 source
thepackagingportal.comTire Kutsan and Olmuksan merger in Turkey moves ahead for Mondi – ThePackagingPortal.comOct 7, 2022

Summarized from public sources; check the original articles before acting on it.

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