Mondi Mergers and Acquisitions Presentation Deck
DISCIPLINED AND VALUE-ORIENTED M&A
Strong market
position
+
Strong asset
base
+
Focus on
performance
M&A Strategy
Sustainable low-cost
advantage
Restructuring and
optimisation
potential
Target
Attractive positions
in Emerging Markets
Napiag (A)
Flexibles
2007
S&E (D, ITA), NBG (A) Flexibles
2006
Stambolijski (BG)
Bag
2006
Akrosil (US, NL)
Flexibles
2006
Bauernfeind (Europe) Corrugated 2004
Copamex (MEX)(¹)
2004
2002
Syktyvkar (RUS)(2)
La Rochette (F, UK)
Danisco (UK)
Ruzomberok (SK)(²)
Corrugated 2002
Corrugated 2001
2000
MBP
AssiDomän (Europe) (¹) Bag, Flex.
2000
Regular review of acquisitions and integration to optimise value
mondi
Major M&A Deals since 2000
Business Year
Bag
MBP
EV/EBITDA
multiple:
Mondi
4.4x(3)
(1) Acquisition of part of business. (2) Share currently held: Syktyvkar 98%, Ruzomberok 51%. Mondi acquired 19.4% of Syktyvkar shares in 1997, 71.9% in 2002 and the
remaining 6.7% thereafter. (3) Multiple average of Mondi weighted by Enterprise Value.
Note: The acquisition of Lenco, a South African Plastics Business, is excluded as regulator approval has not yet been received. Source: Mondi
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