Mondi to acquire Turkish packaging manufacturer

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Mondi Group has signed an agreement for the acquisition of 90% of the outstanding share capital in Istandbul-based Kalenobel (Kale Nobel Ambalaj Sanayi ve Ticaret Anonim Sirketi) for a consideration of around €90m on a debt-and-cash-free basis. The sellers are Argus Capital, a CEE focused private equity group, and ...

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