Paksoy has advised packaging and paper company Mondi Corrugated BV on the merger of its Borsa Istanbul-listed company Mondi Olmuksan into Mondi Tire Kutsan, a company belonging to the same group.
Both Mondi Olmuksan and Mondi Tire Kutsan produce corrugated packaging, are part of the Mondi Group, and are listed on Borsa Istanbul. The new entity will operate nine corrugated production plants in Turkey, employ more than 1,600 people, and continue to be listed on Borsa Istanbul.
Paksoy’s team included Partner Nazli Bezirci, Counsel Okkes Sahan, Senior Associate Beril Paksoy, and Associate Beritan Arik.
