17
Tue, Sep
32 New Articles

Mondi signs agreement for the acquisition of Intercell’s bags plant in Serbia

Serbia
Typography

Harrisons has advised Mondi Industrian Bags -- a leading international producer of industrial paper bags -- on a May 20, 2014 agreement to acquire Intercell’s industrial bags plant located in Sabac, Serbia.

Intercell currently operates a modern state-of-the art plant, with around 50 employees, which will become a regional production and service hub of Mondi’s industrial bags business in the Balkans. The acquisition is expected to strengthen Mondi’s level of quality and customer service in the region long term.

Listed in the JSE Limited and London Stock Exchange, Mondi sells about 4 billion bags per year to major industries including cement and building materials, chemicals, food, feed and seed. It employs around 24,000 people in production facilities across 30 countries. In 2013, Mondi had revenues of EUR 6.5 billion. The Group's key operations are located in Central Europe, Russia, the Americas, and South Africa. 

Hauser and Partners (Austria) also advised Mondi on the transaction.

 

Serbia Knowledge Partner

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

Firm's website: https://www.karanovicpartners.com/

 

Our Latest Issue