South Africa's Mondi to buy Russian packaging firm Beepack
South Africa's Mondi has signed an agreement to acquire Beepack from a private investor for 41 million euros ($46 million) as part of plans to expand its packaging business, the paper group said on Monday.
Mondi, which is also listed in London, expects to complete the transaction in the fourth quarter, with CEO David Hathorn saying that the Russian business will support the development of Mondi's Corrugated Packaging operations in.... Read more »
Posted on : Tuesday , 11th October 2016