07/24/2015

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Mondi Group agrees to sell Consumer Packaging plant in Osterburken, Germany

Mondi has signed an agreement with Polifilm Extrusion GmbH, to sell Mondi's film manufacturing site in Osterburken, Germany; subject to competition clearance. The sale will enable Mondi to refine its product portfolio and move away from supplying films to competitors of its Consumer Packaging business.

Polifilm offers a complementary product portfolio to Mondi Osterburken GmbH, which mainly produces polyethylene laminating films and household cling films.

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