Mondi buys Italian paper mill

Bron:
Mondi/Fordaq
Gelezen:
323
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Mondi plans to acquire the paper mill in Duino, Italy, from the Burgo Group for a total price of €40 million and convert it with an investment of €200 million. The aim is then to supply the Central European, Italian and Turkish markets with the 420,000 t of recycled cardboard per year. The aim is to contribute to backward integration and increase the security of supply with corrugated base paper. The acquisition is subject to competitive clearance and other closing conditions and is expected to close in H2 2022.

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