Olmuksan: Mondi completes acquisition of Turkish corrugated packaging company
Paper and packaging company Mondi on June 1 confirmed that it had completed the acquisition of 90.38% of the outstanding shares in Olmuksan International Paper for €66-million. The implied enterprise value on a 100% basis would amount to about €88-million.
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Olmuksan is a Turkey-based paper mill that produces and supplies corrugated packaging products for food, beverage, agriculture and industrial applications.
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