Global paper and packaging giant Mondi has acquired Schumacher Packaging’s Western European assets in a €634m (£532) deal.

Mondi said it agreed to acquire Schumacher Packaging's Western Europe packaging assets for an enterprise value of 634 million euros ($696.2 million) as it seeks to expand its footprint in the region.

Strengthens Mondi’s corrugated converting footprint in Europe with highly complementary assets, increasing capacity by over 1 billion square meters • Provides integration benefits with the Group’s ...

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