Olmuksan

Announcements · 3

May 22, 2024ACQUISITIONTurkey, Türkiye$80.6M
Mondi completes purchase of 90.38% of Olmuksan
Mondi bought 90.38% of Turkish corrugated packaging company Olmuksan, following its earlier plan to acquire the shares from International Paper for US$80.6m.
International Paper partner Mondi Group acquirer Olmuksan target #Packaging inside-packaging.nridigital.com
May 30, 2021ACQUISITIONTürkiye$80.6M
Mondi completes acquisition of 90.38% of Turkish packaging maker Olmuksan
Mondi completed the acquisition of a 90.38% stake in Olmuksan International Paper Ambalaj from International Paper for 66 million euros on June 1, 2021. The implied enterprise value on a 100% basis is about 88 million euros.
International Paper partner Mondi Group acquirer Olmuksan International Paper Ambalaj target Olmuksan target #Packaging mondigroup.com engineeringnews.co.za listcorp.com
Jan 5, 2021ACQUISITIONTurkey, Türkiye$81.0M
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.
I.P. Container Holdings partner Mondi Corrugated acquirer Olmuksan target #Packaging bloomberght.com

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