Mondi plc made a tender offer to acquire 9.62% stake in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.S..

Mondi Olmuksan Kagit ve Ambalaj Sanayi AS is a Turkey-based packaging materials manufacturer. The Company produces and sells various types and sizes of corrugated boxes and cardboard, including standard boxes, flexographic printed boxes, luxury packing boxes and die-cut special packages. Its products are used in the packaging and shipping of a variety of goods, such as beverages, flowers, fruits and vegetables, ceramics and electronics, and marketed to a customer portfolio in domestic and international markets operating in different sectors. The Company has paper mills and production facilities in Edirne, Gebze, Adana, Bursa, Manisa, Izmir and Antalya, Turkey.