{"id":575083,"date":"2020-10-01T04:00:16","date_gmt":"2020-10-01T04:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/"},"modified":"2020-10-01T04:00:16","modified_gmt":"2020-10-01T04:00:16","slug":"mondi-acquires-amreyah-cement-plant-in-consolidation-drive","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/","title":{"rendered":"Mondi acquires Amreyah Cement plant in consolidation drive"},"content":{"rendered":"

M&A WATCH- Packaging group Mondi has acquired Amreyah Cement\u2019s<\/strong> industrial bag plant<\/strong>, the local press<\/a> reported, quoting unnamed sources close to the matter. The sources didn\u2019t disclose the exact value of the transaction, only describing it as \u201cmedium-sized.\u201d Amreyah, reeling from the drawn out supply glut<\/a> crippling the industry, made the decision to cut its running costs, the sources said. Mondi, meanwhile, plans to create a large paper business in Egypt, having acquired Suez Bags<\/a> and the National Company for Paper<\/a>Products<\/a> in 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Packaging group Mondi has acquired Amreyah Cement\u2019s industrial bag plant, the local press reported, quoting unnamed sources close to the matter. The sources didn\u2019t disclose the exact value of the transaction, only describing it as \u201cmedium-sized.\u201d Amreyah, reeling from the drawn out supply glut crippling the industry, made the decision to cut its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[6000,72,131,1725,5999,2380,6001,6002],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575083","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-amreyah-cement","tag-enterpriseam","tag-manufacturing","tag-mondi","tag-paper-processing","tag-speed-round","tag-suez-bags","tag-the-national-company-for-paper-products","wpautop","entry"],"acf":{"mongo_id":"1474ff57-d6e1-4441-9a45-8b6e1639a60e","is_powered_by":true,"section_story_id":"e1902cf1-dcf6-45d3-a65f-02ee50aa1ea2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[575069],"teaser":"","voice_url":""},"yoast_head":"\nMondi acquires Amreyah Cement plant in consolidation drive - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mondi acquires Amreyah Cement plant in consolidation drive\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Packaging group Mondi has acquired Amreyah Cement\u2019s industrial bag plant, the local press reported, quoting unnamed sources close to the matter. The sources didn\u2019t disclose the exact value of the transaction, only describing it as \u201cmedium-sized.\u201d Amreyah, reeling from the drawn out supply glut crippling the industry, made the decision to cut its […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-01T04:00:16+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Mondi acquires Amreyah Cement plant in consolidation drive\",\"datePublished\":\"2020-10-01T04:00:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Amreyah Cement\",\"EnterpriseAM\",\"Manufacturing\",\"Mondi\",\"paper processing\",\"SPEED ROUND\",\"Suez Bags\",\"the National Company for Paper Products\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/mondi-acquires-amreyah-cement-plant-in-consolidation-drive\/\",\"name\":\"Mondi acquires Amreyah Cement plant in consolidation drive - 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Once\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645399,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/suez-bags-receives-acquisition-offer-from-mondi-group\/","url_meta":{"origin":575083,"position":4},"title":"Suez Bags receives acquisition offer from Mondi Group","author":"enterpriseam admin","date":"19 July 2017","format":false,"excerpt":"M&A WATCH- Suez Bags is reportedly an acquisition target, sources close to the transaction tell Al Borsa. The company \u2014 a subsidiary of Suez Cement \u2014 has received two competing bids, one of which reportedly comes from international packaging and paper firm Mondi. 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