“Market Cap $8.41 B As of May 2014
At a Glance
- Industry: Paper & Paper Products
- Founded: 1967
- Country: United Kingdom
- CEO: David Hathorn
- Website: www.mondigroup.com
- Employees: 24,400
- Sales: $8.6 B
- Headquarters: Surrey
#1211 Global 2000
- #1091 in Sales
- #1129 in Profit
- #1964 in Assets
- #1269 in Market value
Mondi Plc manufactures integrated packaging and business paper. It manufactures uncoated fine paper, packaging paper and converted packaging and specialty products. Its products include kraft paper, industrial bags, containerboard, corrugated packaging, films and laminates-printed and unprinted, pre-made consumer bags, extrusion coated materials, release liner, office paper and professional printing products. The company was founded on November 4, 2007 and is headquartered in Surrey, United Kingdom.“
The roots of the global business that is now Mondi were first planted in 1967 in South Africa, when our former owners Anglo American plc built the Merebank mill. Following more than two decades’ growth and consolidation in South Africa, we came to Europe in the early 1990s to start a long period of expansion through acquisition.
We have bought businesses in countries including Austria, the UK, France, Russia, Slovakia, Poland, Hungary, Denmark, the Netherlands, Bulgaria and Italy, as well as operations in Mexico.
During this time, many major companies – often market leaders in their home nations – became part of Mondi. These included Austria’s Neusiedler AG and Frantschach AG, Cofinec in Poland, and Russia’s Syktyvkar mill, which is central to our future expansion plans into emerging opportunities in Asia and the Americas.
We became an independent dual-listed business in mid-2007 when we successfully demerged from Anglo American with listings on the London and Johannesburg Stock Exchanges.
From January 2008, in place of the former Mondi Packaging and Mondi Business Paper business units, we now began operating as two divisions: Europe & International and South Africa. “
*Information from Forbes.com and Mondigroup.com
**Video from Mondi Plc.