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Mondi Ltd and Mondi Plc Together With Svenska Cellulosa AB SCA Sell Their 100% Interest in Jointly Owned Aylesford Newsprint Holdings Limited to The Martland Holdings


Tuesday, 2 Oct 2012 09:04am EDT 

Mondi Ltd announced that, together with Mondi Plc (together Mondi Group), it has sold together with Svenska Cellulosa AB SCA their 100% interest in the jointly owned Aylesford Newsprint Holdings Limited to The Martland Holdings. The Martland Holdings is an independent private equity firm which focuses on acquiring non-core divisions of corporations and private companies worldwide. Aylesford Newsprint, located in Kent, UK, has capacity to produce approximately 400 thousand tones of newsprint per annum from 100% recycled fiber, it supplies national newspapers groups in the UK and exports some of its production to mainland Europe. The shares in Aylesford Newsprint were sold for a nominal consideration satisfied in cash at completion. 

Company Quote

17388.0
-62.0 -0.36%
17 Apr 2014