Mondi and DS Smith plan a £5.1bn merger to create a global packaging leader, focusing on sustainable paper-based solutions.
Mondi and DS Smith plan a £5.1bn mega-merger to create one of the largest packaging firms globally, expecting substantial benefits from synergies and scale in the consolidating packaging industry. The combined company, with Mondi shareholders owning 54%, will focus on sustainable paper-based packaging solutions and strengthen its position in Europe and globally. The merger aims to benefit shareholders, customers, employees, and stakeholders.
March 11, 2024
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