History
The roots of the global business that is now Mondi were first planted in 1967 in South Africa, when Mondi's former owners Anglo American plc built the Merebank mill. Following more than two decades’ growth and consolidation in South Africa, Mondi came to Europe in the early 1990s to start a long period of expansion through acquisition.
Mondi run businesses in countries including Austria, the UK, France, Russia, Czech Republic, Slovakia, Poland, Hungary, Denmark, the Netherlands, Bulgaria, Ukraine 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 Mondi's future expansion plans into emerging opportunities in Asia and the Americas.
Mondi became an independent dual-listed business in mid-2007 when they 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, Mondi began operating as two divisions: Europe & International and South Africa.
Read more about this topic: Mondi Group
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