07.24.15
Mondi has signed an agreement with Polifilm Extrusion GmbH to sell Mondi’s film manufacturing site in Osterburken, Germany. The move is 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.
Mondi’s consumer packaging business offers consumer packaging, hygiene components and release liner. Core competencies include manufacturing, printing, coating, as well as refining or processing of high-quality films. The products manufactured by Mondi’s consumer packaging business are used in a wide variety of areas, with the main focus being fast moving consumer goods (FMCG).
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.
Mondi’s consumer packaging business offers consumer packaging, hygiene components and release liner. Core competencies include manufacturing, printing, coating, as well as refining or processing of high-quality films. The products manufactured by Mondi’s consumer packaging business are used in a wide variety of areas, with the main focus being fast moving consumer goods (FMCG).