Deal Snapshot
Augment Investments to Acquire Mondi Syktyvkar for RUB 95bn
Monday 15 August 2022

UK-based packaging and paper supplier Mondi plc has entered into an agreement to sell Mondi Syktyvkar its facility in Russia, together with two affiliated entities, to Russian investment vehicle Augment Investments Ltd. for a RUB 95bn (EUR 1.5bn) (USD 1.55bn) in cash, the company said.

The disposal of the facility is conditional on the approval of the Russian Federation's government Sub-Commission for the Control of Foreign Investments and customary antitrust approvals.

Date Published: 15/08/2022