M&A Deal Summary

Mondi Acquires Smurfit Kappa Group - Bag operations

On April 19, 2010, Mondi acquired packaging company Smurfit Kappa Group - Bag operations from Smurfit Kappa Group for 43M EUR

Acquisition Highlights
  • This is Mondi’s 4th transaction in the Packaging sector.
  • This is Mondi’s 7th largest (disclosed) transaction.
  • This is Mondi’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2010-04-19
Target Smurfit Kappa Group - Bag operations
Sector Packaging
Buyer(s) Mondi
Sellers(s) Smurfit Kappa Group
Deal Type Divestiture
Deal Value 43M EUR

Target

Smurfit Kappa Group - Bag operations

United Kingdom
Smurfit Kappa Group - Bag operations in western European corrugated packaging and recycled containerboard portfolio and will enable Mondi to refine its geographical footprint around its core corrugated positions in central Europe and Turkey.

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Buyer(S) 1

Buyer

Mondi

Weybridge, United Kingdom

Category Company
Founded 1967
Sector Forest Products
Employees22,014
Revenue 7.3B EUR (2023)
DESCRIPTION

Mondi is a international packaging and paper group with operations across 31 countries with around 26,000 employees. Mondi was founded in 1967 and is based in Weybridge, England.


DEAL STATS #
Overall 5 of 17
Sector (Packaging) 4 of 13
Type (Divestiture) 1 of 3
Country (United Kingdom) 1 of 3
Year (2010) 1 of 1
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-12 Unterland Flexible Packaging

Austria

Unterland Flexible Packaging GmbH is a flexible plastic packaging specialist.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-07 Saturn Management Sp. Z o.o.

Swiecie, Poland

Saturn Management Sp. Z o.o. owns and operates a paper manufacturing plant which has three steam boilers (two coal fired and one, fluidized bed boiler fired with biomass, coal or composition of these fuels) and four turbo generators.

Buy -

Seller(S) 1

SELLER

Smurfit Kappa Group

Dublin, Ireland

Category Company
Founded 1934
Sector Packaging
Employees48,000
Revenue 10.1B EUR (2021)
DESCRIPTION

Smurfit Kappa Group is a producer of paper-based packaging. Company manufacture paper-based packaging, with our locations supported by a network of paper, recycling and forestry operations. Smurfit Kappa Group was founded in 1934 and is based in Dublin, Ireland. Smurfit Kappa Group was founded in 1934 and is based in Dublin, Ireland.


DEAL STATS #
Overall 1 of 3
Sector (Packaging) 1 of 2
Type (Divestiture) 1 of 3
Country (United Kingdom) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-24 Orange County Container Group

Industry, California, United States

Orange County Container Group LLC is a corrugated and containerboard manufacturer.

Buy $340M