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Jefferson Smurfit Mops Up 25% Nettingsdorfer Stake

Jefferson Smurfit Group is to pay 55 million euros for the 25% stake in Austrian company Nettingsdorfer it does not already own.

Nettingsdorfer has a kraftliner mill and a corrugated plant in Austria, and also has operations in Italy.

It also has a 40% stake in Duropack, which has plants in the Czech Republic, Hungary, Slovakia and Slovenia.