Smurfit Kappa to acquire Mondi assets - and vice versa
Jan 27 2010 Negotiations are progressing concerning a take-over by Smurfit Kappa of Mondi’s corrugated operations in the United Kingdom and Mondi acquiring Smurfit Kappa’s European sack converting operations.
Smurfit Kappa confirms that negotiations between the two companies are progressing. The transaction would involve Smurfit Kappa acquiring Mondi’s corrugated operations in the United Kingdom and Mondi acquiring Smurfit Kappa’s European sack converting operations.The transaction is subject to the normal procedures and conditions attaching to such transactions and is also subject to regulatory clearances, Smurfit Kappa writes in a press release.