# Mondi to acquire Russian corrugated packaging producer Beepack for EUR 41M

Mondi Group signed an agreement to buy 100% of LLC Beepack from a private investor for RUB2,825 million (EUR 41 million) on a debt-and-cash-free basis. Beepack's Lebedyan plant makes corrugated trays and boxes for food and agriculture.

- Type: Acquisition
- Announced: 2016-10-10
- Where: Lebedyan, Lipetsk region, Russia
- Value: $45.5M (41.0M EUR)
- Status: announced
- Products: corrugated packaging trays, corrugated boxes

## Companies

- [Mondi Group](https://endata.com/companies/896.md) (acquirer)
- [Beepack](https://endata.com/companies/1577.md) (target)

## Sources

- [asiapapermarkets.com](https://www.asiapapermarkets.com/mondi-group-to-acquire-russian-corrugated-packaging-producer-beepack/), 2017-06-14: "Mondi Group has signed an agreement to acquire 100% of the outstanding share capital of LLC Beepack from a private investor."

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