Mondi Group, an international paper and packaging company has agreed to acquire 93.4% of the outstanding share capital of Nordenia International for a total cash consideration of €240m.
In addition, Mondi Group will assume €398m of debt and debt-like liabilities implying an enterprise value for 100% of the company of €655m.
Nordenia is an international supplier of consumer packaging solutions and hygiene components with 12 fully invested operating facilities located in seven countries across Europe, North America and Asia.
Source: Mondi Group
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