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Walki and Mondi to terminate the acquisition agreement

Published: 15.12.2015

In May 2015, we announced that Mondi Group had approached Walki Group, in
order to acquire two of Walki’s extrusion coatings sites: Pietarsaari in Finland and
Wroclaw in Poland. The deal was subject to competition clearance. The commission
raised concerns about the impact on the competition environment, and a
considerable time was spent on discussing ways to alleviate these.
However, a workable solution suitable for all parties was not found and therefore
Mondi has decided to withdraw the application from the Commission and terminate
the acquisition agreement.


The Industrial Packaging business, including the Pietarsaari and Wroclaw sites, will
remain an integral part of Walki’s strategy. Walki is committed to develop all of its
sites in Finland, Poland, Germany, the UK, the Netherlands, Russia and China.


For more information, please contact:
Leif Frilund, President and CEO, tel. +358 (0)403543330


Walki in brief
Walki Group is a leading producer of technical laminates and protective packaging materials,
specializing in the production of fiber based, intelligent, multi- layer laminate products for
markets as diverse as energy saving construction facings to barrier packaging applications.
Walki Group is present in eleven countries with operations in Finland, Germany, the
Netherlands, Poland, Russia, the UK and China with a workforce of about 900 people.
Annual net sales of the Group are more than 300 million Euros.