Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
1 April 2025
Mondi completes acquisition of Western Europe Packaging Assets
of Schumacher Packaging
Mondi plc (“Mondi” or the “Group”) a global leader in the production
of sustainable packaging and paper, has completed the acquisition of the
Western Europe Packaging Assets of Schumacher Packaging, expanding Mondi’s
footprint, enhancing its customer offering and creating a strong platform for
further growth.
Complementing Mondi’s existing network of corrugated solutions plants across
Central and Eastern Europe, the acquired corrugated converting and solid board
operations in Germany, Benelux and UK will add over 1 billion square meters of
capacity when fully operational. This includes two state-of-the-art mega box
plants located at Ebersdorf and Greven (Germany), which have best-in-class
production speed and operational efficiency, and offer significant growth
potential following a recent investment programme.
Andrew King, Mondi Group CEO, said:
“This acquisition significantly strengthens our corrugated packaging
business, extending our footprint in Western Europe and offering strong
vertical integration opportunities.
“We are delighted to welcome our new Schumacher Packaging colleagues to
Mondi. Together we will expand our eCommerce and FMCG offering, particularly
in Western Europe, presenting exciting opportunities to introduce the
Group’s unique range of products to a wider array of customers as they
increasingly transition towards more sustainable packaging solutions.”
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Enquiries
Investors/analysts:
Fiona Lawrence +44 742 587 8683
Mondi Group: Head of Investor Relations
Media:
Chris Gurney +44 799 004 3764
Mondi Group: Head of Corporate Communication
Richard Mountain +44 790 968 4466
FTI Consulting
Editors’ notes
Mondi is a global leader in packaging and paper, contributing to a better
world by producing products that are sustainable by design. We employ 22,000
people in more than 30 countries and operate an integrated business with
expertise spanning the entire value chain, enabling us to offer our customers
a broad range of innovative solutions for consumer and industrial end-use
applications. Sustainability is at the centre of our strategy, with our
ambitious commitments to 2030 focused on circular driven solutions, created by
empowered people, taking action on climate.
In 2024, Mondi had revenues of €7.4 billion and underlying EBITDA of €1.0
billion. Mondi is listed on the London Stock Exchange in the ESCC category
(MNDI), where the Group is a FTSE100 constituent. It also has a secondary
listing on the JSE Limited (MNP).
mondigroup.com
Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a
BofA Securities.
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