MONDI PLC - Mondi completes acquisition of Western Europe Packaging Assets of Schumacher Packaging

Mondi completes acquisition of Western Europe Packaging Assets of Schumacher Packaging

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI
JSE share code: MNP
ISIN: GB00BMWC6P49

1 April 2025

            Mondi completes acquisition of Western Europe Packaging Assets
                              of Schumacher Packaging


Mondi plc ("Mondi" or the "Group") a global leader in the production of sustainable packaging
and paper, has completed the acquisition of the Western Europe Packaging Assets of
Schumacher Packaging, expanding Mondi's footprint, enhancing its customer offering and
creating a strong platform for further growth.
Complementing Mondi's existing network of corrugated solutions plants across Central and
Eastern Europe, the acquired corrugated converting and solid board operations in Germany,
Benelux and UK will add over 1 billion square meters of capacity when fully operational. This
includes two state-of-the-art mega box plants located at Ebersdorf and Greven (Germany),
which have best-in-class production speed and operational efficiency, and offer significant
growth potential following a recent investment programme.
Andrew King, Mondi Group CEO, said:

"This acquisition significantly strengthens our corrugated packaging business, extending our
footprint in Western Europe and offering strong vertical integration opportunities.

"We are delighted to welcome our new Schumacher Packaging colleagues to Mondi. Together
we will expand our eCommerce and FMCG offering, particularly in Western Europe,
presenting exciting opportunities to introduce the Group's unique range of products to a wider
array of customers as they increasingly transition towards more sustainable packaging
solutions."

                                           -   END -


Enquiries
Investors/analysts:

Fiona Lawrence                                              +44 742 587 8683

Mondi Group: Head of Investor Relations



Media:

Chris Gurney                                               +44 799 004 3764

Mondi Group: Head of Corporate Communication
Richard Mountain                                                   +44 790 968 4466

FTI Consulting

Editors' notes
Mondi is a global leader in packaging and paper, contributing to a better world by producing products
that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an
integrated business with expertise spanning the entire value chain, enabling us to offer our customers
a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability
is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven
solutions, created by empowered people, taking action on climate.

In 2024, Mondi had revenues of €7.4 billion and underlying EBITDA of €1.0 billion. Mondi is listed on
the London Stock Exchange in the ESCC category (MNDI), where the Group is a FTSE100
constituent. It also has a secondary listing on the JSE Limited (MNP).

mondigroup.com

Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.

Date: 01-04-2025 08:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.