(13.07.2012 / sha)

+++ WICHTIG +++
Mondi: To acquire 93.4% of Nordenia International AG

Mondi Group has agreed to acquire 93.4% of the outstanding share capital of Nordenia International AG from funds managed by Oaktree Capital Management, L.P.1 and certain other minority shareholders for a total cash consideration of EUR 240 million.

In addition, Mondi Group will assume EUR 398 million of debt and debt-like liabilities implying an enterprise value for 100% of the company of EUR 655 million.
Nordenia is an international supplier of innovative consumer packaging solutions and hygiene components with 12 fully invested operating facilities located in seven countries across Europe, North America and Asia. Additionally, a wholly owned greenfield plant currently being constructed in China is expected to begin operating in early 2014.

The EUR 240 million cash consideration payable for the acquisition will be funded from a new EUR 250 million two year committed bank debt facility. The acquisition is expected to complete in the fourth quarter of 2012, subject to customary completion conditions including the approval of certain competition authorities.