Mondi intends to acquire SIMET and upgrade the plant to a high efficiency box plant and will transfer its expertise in the production of corrugated board and speciality packaging to the Grabonóg plant as part of the integration into Mondi’s Corrugated Packaging business.
With this acquisition Mondi will have six box plants in Poland. Mondi´s Corrugated Packaging business segment, part of the Fibre Packaging business unit, currently operates 14 box plants in Central and Emerging Europe.
Armand Schoonbrood, COO Mondi Corrugated Packaging, commented, “This acquisition improves our customer offer in Poland and strengthens our market position. The plant fits well with our strategy of investing in competitive operations with potential for future growth.”
