Mondi Group Agrees to Sell Its Raubling Containerboard Mill

The Raubling mill operates two paper machines and has a liquid board recycling facility. It produces Kraft top liner, a kraftliner substitute, testliner and fluting.

Nov. 2, 2015 (Press Release) - Mondi Group has signed an agreement for the sale of its recycled containerboard mill and related recycling operations located in Raubling, Germany, to the Heinzel Group for an enterprise value of EUR 25 million on a debt and cash free basis.

The transaction remains subject to competition clearance and is expected to complete by the end of 2015.

The sale enables Mondi to focus on the development of its core containerboard operations in line with its strategy.

Mondi is an international packaging and paper group. The group operates as two divisions: Europe & International, and South Africa. To learn more please visit: www.mondigroup.com.

SOURCE: Mondi