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Mondi plc has completed the sale of its Personal Care Components business (PCC) to Nitto Denko Corporation for an enterprise value of €615m. The divestment was announced in February 2022. Commenting on the transaction, Andrew...
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Published in issue 25/2022
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Finnish pulp and paper manufacturer UPM and Austria's Heinzel group have signed a purchase agreement for UPM's Steyrermühl paper and sawmill site in Austria. Newsprint production is said to continue until the end of 2023 and the...
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Published in issue 23/2022
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Dublin-based packaging company Zeus has announced the acquisition of British packaging groups Swanline and Boxmart in an agreement worth in excess of €25m. Swanline Group is the UK’s leading trade-only supplier of paper-based...
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After examining all options, paper and packaging manufacturer Mondi has decided to sell its assets in Russia. The group had announced a possible divestment of its Syktyvkar mill in Russia on 10 March. In a statement, Mondi...
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Published in issue 16/2022
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Chilean pulp and board producer Empresas CMPC has completed the acquistion of certain assets of Brazil’s pulp, paper and packaging manufacturer Iguaçu Celulose, Papel. The acquistion covers three facilities in Brazil’s Paraná and...
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Published in issue 17/2022
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Mondi has acquired the paper bag converting lines from Holcim group's subsidiary Lafarge Cement in Egypt. The company's subsidiary Mondi Paper Bags signed a long-term supply agreement making Mondi a key supplier of paper bags for...
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Published in issue 14/2022
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Paper distributor Antalis has signed a binding agreement to acquire German BB Pack group, a specialised supplier of packaging solutions for the e-commerce sector. The acquisition is reportedly part of Antalis’ efforts to expand...
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Published in issue 14/2022
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Fedrigoni Group keeps growing with its eight acquisition. Since its takeover by Bain Capital the group is consistently strengthening its position in the label and self-adhesive materials markets. Now, with the takeover of Tageos,...
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Published in issue 14/2022
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The acquistion will accelerate Billerud Korsnäs' growth in North America. Verso common stock ceased trading on the New York Stock Exchange prior to the opening on 31 March, according to Billerud Korsnäs. Sweden’s packaging paper...
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Published in issue 12/2022
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German investment fund Harbour Investment has acquired Polish thermal paper converting business Omeko Papier, which was subsequently integrated into the portfolio of Schades – R+S Group. With more than 100 employees, Omeko is...
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