Mondi

Quality 0.50 · 2 views · Updated 2 months ago

Packaging and paper company

title: "Mondi" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["pulp-and-paper-companies-of-south-africa", "manufacturing-companies-established-in-1967", "pulp-and-paper-companies-of-the-united-kingdom", "1967-establishments-in-south-africa", "companies-listed-on-the-johannesburg-stock-exchange", "companies-listed-on-the-london-stock-exchange", "companies-in-the-ftse-100-index", "companies-in-the-ftse/jse-top-40-index", "packaging-companies-of-south-africa", "former-dual-listed-companies"] description: "Packaging and paper company" topic_path: "geography/south-africa" source: "https://en.wikipedia.org/wiki/Mondi" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Packaging and paper company ::

::data[format=table title="Infobox company"]

FieldValue
nameMondi plc
logoMondi Group (logo).svg
logo_size200px
imageŚwiecie - Zakłady Papiernicze. - panoramio (6) (cropped).jpg
image_captionMondi headquarters in Świecie, Kociewie
typePublic limited company
traded_as

FTSE 100 Component | | foundation | | | location | Weybridge, England, UK | | key_people | | | num_employees | 24,000 (2026) | | revenue | €7,416 million (2024) | | operating_income | €606 million (2024) | | net_income | €262 million (2024) | | industry | {{Ubl | | products | {{Ubl | | homepage | | ::

| name = Mondi plc | logo = Mondi Group (logo).svg | logo_size = 200px | image = Świecie - Zakłady Papiernicze. - panoramio (6) (cropped).jpg | image_caption = Mondi headquarters in Świecie, Kociewie | type = Public limited company | traded_as =

FTSE 100 Component | foundation = | location = Weybridge, England, UK | key_people = | num_employees = 24,000 (2026) | revenue = €7,416 million (2024) | operating_income = €606 million (2024) | net_income = €262 million (2024) | industry = {{Ubl | Packaging | Paper | products = {{Ubl | Pulp | Paper | Containerboard | Packaging | homepage = Mondi plc is a multinational packaging and paper group. The company is based in Weybridge, England. It has listings on the Johannesburg Stock Exchange and the London Stock Exchange as a constituent of the FTSE 100 Index.

History

Mondi has its roots in South Africa where, in 1967, the company's former owner, Anglo American plc, built the Merebank Mill in Durban.

In 2000, the company increased its holdings in Neusiedler AG and Frantschach AG, both Austrian businesses, to 100 per cent and 70 per cent respectively. Also in 2000, it acquired Cofinec, a Polish business. It increased its holding in the Syktyvkar Mill in the Komi Republic to 90% in 2002.

In 2004 Mondi further increased its holdings in Frantschach AG, one of its Austrian businesses, to 100 per cent and in Celuloza Świecie AG, another Polish business, to 71% (and then changed its name to Mondi Packaging Paper Świecie).

On 2 July 2007 the company demerged from its former parent company Anglo American plc, and became a dual-listed company, with Mondi Limited listed on the Johannesburg Stock Exchange and Mondi plc listed on the London Stock Exchange.

In 2011, Mondi demerged Mondi Packaging South Africa (listed as Mpact on Johannesburg Stock Exchange).

In 2012, Mondi acquired Nordenia to extend its consumer packaging business.

In May 2017, Peter Oswald was appointed as the new group chief executive. In the same year, the approval of the €335 million Štětí mill modernisation (Czech Republic) happened.

In 2019, Mondi completed the simplification of its corporate structure from dual listed into a single holding company under Mondi plc.

On 1 April 2020, Andrew King succeeded Peter Oswald as Mondi Group's chief executive.

On 4 May 2022, Mondi announced plans to divest from its Russian assets. However, in December 2022, The Times reported than the sale of its Russian assets was "still awaiting approval". In February 2023 Mondi was added to Ukraine International Sponsors of War list. Mondi temporarily abandoned its stated intention of selling its most significant asset in Russia, the Syktyvkar Pulp and Paper Mill, to a company owned by Viktor Kharitonin, due to lack of progress with the necessary approvals, in June 2023. However, in September 2023, the sale was completed and Mondi confirmed that it no longer trades in Russia.

In January 2023, it was announced Mondi had completed the acquisition of the Duino paper mill from the Italian graphic and speciality paper company, Burgo Group for €40 million.

In March 2024, the company made an agreed offer worth £5.1 billion to acquire DS Smith. Mondi pulled out of the deal following a counteroffer from International Paper.

References

References

  1. "About us". Mondi Group.
  2. "Preliminary Results 2024". Mondi.
  3. "60 yearsof service". Tappsa Journal.
  4. (15 May 2000). "Frantschach Group fixes purchase of 25 factories from AssiDomän". APA.
  5. [http://www.paperandprint.com/archive/pmd/2002/03/3518.html Anglo American to invest US $250 million in Russian paper mill] {{Webarchive. link. (15 March 2012 PMD, 18 March 2002)
  6. (25 April 2004). "Frantschach wants to change the name of Mondi Packaging Paper Świecie". Money.pl.
  7. (1 June 2007). "Anglo American to list Mondi unit on July 3". Reuters.
  8. (12 July 2011). "Mpact starts slowly after Mondi demerger". IOL.
  9. (11 July 2012). "Mondi Buys Nordenia to Extend Consumer Packaging Business". Bloomberg.
  10. (1 February 2017). "Mondi appoints Peter Oswald as new chief". FT.
  11. (19 February 2020). "Andrew King to be appointed Mondi Group Chief Executive Officer".
  12. (2022-05-04). "UK packaging firm Mondi to sell Russian assets". Reuters.
  13. (3 December 2022). "BP, HSBC and Unilever said they'd quit Russia in March, so why are they still there?". [[The Times]].
  14. (10 February 2023). "Ukraine: Govt. names 13 intl. companies sponsors of war due to their continued operations in Russia".
  15. (6 June 2023). "Mondi withdraws from deal to sell Syktyvkar facility in Russia". Packaging Gateway.
  16. (4 October 2023). "Mondi completes exit from Russia as inks Syktyvkar sale". Morning Star.
  17. Singsit, Jangoulun. (2023-01-13). "Mondi closes acquisition of Duino paper mill near Trieste, Italy".
  18. (8 March 2024). "DS Smith shares lift after Mondi takeover deal agreed". The Herald.
  19. Kollewe, Julia. (2024-04-16). "UK packaging firm DS Smith agrees £5.8bn takeover by US group". The Guardian.

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

pulp-and-paper-companies-of-south-africamanufacturing-companies-established-in-1967pulp-and-paper-companies-of-the-united-kingdom1967-establishments-in-south-africacompanies-listed-on-the-johannesburg-stock-exchangecompanies-listed-on-the-london-stock-exchangecompanies-in-the-ftse-100-indexcompanies-in-the-ftse/jse-top-40-indexpackaging-companies-of-south-africaformer-dual-listed-companies