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IP to Sell Turkish Corrugated Packaging Business

prwhite

Administrator
Staff member
International Paper (IP) has entered into an agreement to sell its 90% ownership interest in Olmuksan International Paper to Mondi Group, for approximately €66 million.

The transaction—expected to close in the first half of 2021—is subject to certain conditions & regulatory approvals. The Olmuksan business includes corrugated packaging facilities in Turkey with an approximate annual revenue of €150 million.
 
IP has come to an agreement to divest its 90% shares in Olmuksan IP to mondi group for millions of dollars, as per agreement the company will sell it's corrugated packaging facilities in Turkey.
 

InSoft Automation

InSoft Automation Unveils Imp Version 14

Revolutionizing Layout Planning and Automation

InSoft Automation announces the launch of Imp Version 14, the latest iteration of its industry-leading cost-based layout planning software. Packed with cutting-edge features, this release redefines efficiency, automation, and workflow optimization for printing and finishing processes.


Learn more…….

   
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