- Business
- Mondi plc is a global leader in sustainable packaging and paper solutions, organized across two primary business units: Corrugated Packaging and Flexible Packaging; the Corrugated Packaging unit produces virgin containerboard, the leading grade in Europe and largest in emerging Europe, alongside corrugated and solid board packaging solutions, uncoated fine papers for home, office, converting and professional printing, and market pulp, while the Flexible Packaging unit manufactures kraft paper and paper bags as the global leader, flexible plastic-based packaging for consumer applications in Europe, industrial paper bags, industrial wrapping, speciality kraft paper, sack kraft paper, release liner, process and protective liner, technical films, insulation facers for building, and functional barrier papers with coating capabilities for recyclability. The company serves diverse end markets including eCommerce packaging, food and beverages, home and personal care, pet food and care, retail, industrial and heavy duty packaging, building and construction, dairy powder feed and seed, medical and hygiene, luxury packaging, fibre composites, labels tapes and displays, mattresses bedding and upholstery, office supplies, stationery and education, transactional printing, and publishing; it operates 100 production sites across more than 30 countries with key operations in Europe, North America and Africa, employing approximately 24,000 people. Founded in 1967 with roots in South Africa under former parent Anglo American plc and listed on the London Stock Exchange since demerging in 2007, Mondi plc maintains headquarters in Weybridge, United Kingdom. Recent developments include the completion in April 2025 of the acquisition of Schumacher Packaging's Western Europe assets for approximately 634 million euros, enhancing corrugated packaging capacity by over 1 billion square meters annually, expanding geographic footprint in Germany, the UK and the Netherlands, and bolstering eCommerce and fast-moving consumer goods offerings with improved supply security and innovation; in February 2024, the company acquired the Hinton pulp mill in Canada to strengthen North American kraft paper production; throughout 2024, it successfully started up five major capacity expansion projects on time and within budget, including a new paper machine at Steti, Czech Republic ahead of schedule in December 2024, as part of a 1.2 billion euro investment program nearing completion to drive mid-teen returns; additionally, in October 2025, Mondi issued a 550 million euro Eurobond maturing in 2031 to refinance debt and bolster liquidity.