18 Feb 2022 --- Mondi has agreed to sell its Personal Care Components business (PCC) to Japanese company Nitto Denko for an enterprise value of €615 million (US$698 million). The multinational packaging and paper group says it will focus on growing its packaging segment. PCC’s limited overlap with the rest of its business led the company to conclude that the next phase of the business’ development will be better undertaken outside of the group.
