Mondi Group agrees to sell film manufacturing site in Osterburken
Mondi has signed an agreement with Polifilm Extrusion for the sale of its film manufacturing site in Osterburken, Germany.
The sale will enable Mondi to refine its product portfolio and move away from supplying films to competitors of its Consumer Packaging business. Polifilm Extrusion offers a complementary product portfolio to Mondi Osterburken, which mainly produces polyethylene laminating films and household cling films.
Mondi’s Consumer Packaging business offers quality consumer packaging, hygiene components and release liner. Core competencies include manufacturing, printing, coating, as well as refining or processing of high-quality films. The products manufactured by Mondi’s Consumer Packaging business are used in a wide variety of areas with the main focus being the FMCG market.
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