# Mondi to sell Russian packaging operations to Gotek Group

Mondi agreed to sell its three Russian packaging converting plants to Gotek Group for RUB 1.6 billion (about EUR 24 million), with completion expected in the first half of 2023 subject to Russian government approval.

- Type: Acquisition
- Announced: 2022-12-15
- Where: Lebedyan, Pereslavl-Zalessky, Aramil, Russia
- Value: $25.2M (1.60B RUB)
- Status: announced
- Products: corrugated packaging, consumer flexible packaging

## Companies

- [Mondi Group](https://endata.com/companies/896.md) (partner)
- [Gotek Group](https://endata.com/companies/10011.md) (acquirer)

## Sources

- [euwid-paper.com](https://www.euwid-paper.com/news/companies/mondi-to-divest-its-packaging-operations-in-russia-151222/), 2022-12-15: "Mondi has entered into an agreement to sell its three Russian packaging converting operations to Gotek Group for a consideration of RUB1.6bn (around €24m), payable in cash on completion."

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