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The sale enables Mondi to move away from supplying films to competitors of its Consumer Packaging business.
August 24, 2015
By: Greg Hrinya
Mondi Group has completed the previously-announced sale of its film manufacturing site in Osterburken, Germany, to PoliFilm Extrusion GmbH, following competition clearance. The sale enables Mondi to refine its product portfolio and move away from supplying films to competitors of its Consumer Packaging business. PoliFilm offers a complementary product portfolio to Mondi Osterburken GmbH, which mainly produces polyethylene laminating films and household cling films. “Mondi wishes the Osterburken plant and its employees a successful future under PoliFilm’s leadership,” says Marita Paasch, COO Mondi Advanced Materials.
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