date:Sep 18, 2012
Mondi Group has agreed a cash deal with Duropack to acquire its German and Czech Republic operations for 125m to strengthen its corrugated and containerboard position in Europe.
The deal for two corrugated box plants and one recycled containerboard mill will be completed subject to approval by the relevant competition authorities.
The two corrugated box plants consume 130 thousand tonnes of containerboard per annum and the recycled containerboard mill is capable of producing 105 thousand tonne