Mondi shareholders would own 54% and DS Smith shareholders would own 46% of the issued and to be issued share capital of Mondi.
Joint Ventures
This strategic merger creates one of the industry’s leading cooperatives, aimed at delivering unparalleled support to our member-owners.
This new joint venture in Italy aligns seamlessly with VPK Group's long-term vision and strategy for sustainable growth and expansion of its vertically integrated, value-added business model across Europe.
Over the next three months, the plant with integrated further processing (drying, planing mill, pellets) will be gradually ramped up.