SKG to acquire Mondi assets
19|04|2010
SKG to acquire Mondi assets
Dublin, London, 19 April, 2010 | Smurfit Kappa Group plc (‘SKG’ or the ‘Group’), one of the world’s largest integrated manufacturers of paper-based packaging products, with operations in Europe and Latin America, today announces that it has signed an asset swap agreement with Mondi Group (‘Mondi’). SKG will acquire Mondi’s corrugated operations in the United Kingdom, while Mondi will acquire SKG’s Western European sack converting operations. The total cash cost of the asset swap for SKG is €51 million.
SKG to acquire Mondi assets 19 April 2010.pdf