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How it started
History
Mondi has its roots in South Africa where, in 1967, the company's former owner, Anglo American plc, built the Merebank Mill in Durban.
In 2000, the company increased its holdings in Neusiedler AG and Frantschach AG, both Austrian businesses, to 100 per cent and 70 per cent respectively. Also in 2000, it acquired Cofinec, a Polish business. It increased its holding in the Syktyvkar Mill in the Komi Republic to 90% in 2002.
In 2004 Mondi further increased its holdings in Frantschach AG, one of its Austrian businesses, to 100 per cent and in Celuloza Świecie AG, another Polish business, to 71% (and then changed its name to Mondi Packaging Paper Świecie).
On 2 July 2007 the company demerged from its former parent company Anglo American plc, and became a dual-listed company, with Mondi Limited listed on the Johannesburg Stock Exchange and Mondi plc listed on the London Stock Exchange.
In 2011, Mondi demerged Mondi Packaging South Africa (listed as Mpact on Johannesburg Stock Exchange).
From Wikipedia’s article on Mondi Group, shared under CC BY-SA 4.0.2