Highlights: *Net Sales were $2,392 million, an increase of 1% versus the prior year quarter. *Net Income was $150 million, an increase of 127% versus the prior year quarter. *Earnings per Diluted Share were $0.49, an increase of 133% versus the prior year quarter. *Announcing definitive agreement to acquire Bell Incorporated, a well-capitalized U.S. packaging provider. *Board of Directors approved $500 million increase to share repurchase authorization.

Solenis, a leading global producer of specialty chemicals for water-intensive industries, has acquired 100 percent of Lilleborg shares from Orkla, on June 12, 2024. Headquartered in Oslo, Norway, Lilleborg supplies professional cleaning solutions and is one of the leading companies in the Norwegian commercial market. Lilleborg has been a long-term partner with Diversey, a Solenis Company, driving value through deep, targeted expertise and customer insights with proven innovation and sustainable methods and products. The acquisition allows Diversey to expand into the Norwegian water treatment market with a direct channel, offering food and beverage customers an expanded portfolio of solutions.

Mondi plc is pleased to announce that it has entered into an agreement to sell its Personal Care Components business (‘PCC’) to Nitto Denko Corporation (‘Nitto’) for an enterprise value of €615 million, which is also the approximate cash consideration payable to Mondi at completion (the ‘Transaction’). Mondi’s strategic focus to grow in packaging and the limited overlap of PCC with the rest of its business, has led Mondi to conclude that the next phase of PCC’s development will be better undertaken outside of the Group. PCC, part of the Group’s Engineered Materials business unit, manufactures a range of components for personal and home care products needed in everyday life such as diapers, feminine care, adult incontinence and wipes. For the financial year to 31 December 2020, PCC generated underlying EBITDA of €42 million.