Cyril Ramaphosa
Leading international paper and packaging group Mondi Group, co-owned by South African business man Cyril Ramaphosa, has signed an agreement with machinery supplier Duropack to pay €125 million (US$164 million) in cash for the acquisition of Duropack’s German and Czech Republic production units.
The South Africa-based group said in a statement on Friday that the deal consists 2 corrugated box plants which consume approximately 130 thousand tonnes of containerboard
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