EQS-News: Mayr-Melnhof Karton AG: Acquisition of leading Nordic pharma packaging group - Eson Pac

EQS-News: Mayr-Melnhof Karton AG / Key word(s): Mergers & Acquisitions
   Mayr-Melnhof Karton AG: Acquisition of leading Nordic pharma packaging
   group - Eson Pac

   11.04.2022 / 08:45
   The issuer is solely responsible for the content of this announcement.

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   MM advances on its growth strategy for Packaging

   The Mayr-Melnhof Group (MM) acquired 100% of the shares in Eson Pac,
   headquartered in Veddige, Sweden, from the majority shareholder Nalka
   Invest AB as well as family and management minority shareholders.

   With total sales of about EUR 48 million, Eson Pac develops, produces and
   distributes high-quality secondary packaging solutions for the
   pharmaceutical industry. The company has three production sites in Sweden
   and one in Denmark focusing on folding cartons, leaflets and labels.
   Currently Eson Pac employs approximately 300 people.

   "With this acquisition we strengthen our footprint within the Premium
   business of the Packaging division. The transaction ideally complements
   our current customer base and offers attractive new opportunities. In
   combination with our existing operations we can offer more innovative and
   sustainable solutions for our customers. We have great confidence that
   together with the highly qualified team of Eson Pac we will shape the
   common growth path", comments MM CEO, Peter Oswald.

    

   MM is Europe's leading producer of cartonboard and folding cartons with an
   attractive offer in kraft papers and uncoated fine papers. We promote
   sustainable development through innovative, recyclable packaging and paper
   products made from renewable, fiber-based raw materials. Therefore, all
   activities related to sustainability, environment and safety have special
   priority. MM generates sales of approximately EUR 3.5 billion and employs
   around 12,800 people (incl. Eson Pac acquisition).

    

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   11.04.2022 This Corporate News was distributed by EQS Group AG.
   www.eqs.com

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   Language:    English
   Company:     Mayr-Melnhof Karton AG
                Brahmsplatz 6
                1040 Wien
                Austria
   Phone:       0043 1 501 36 91180
   Fax:         0043 1 501 36 91391
   E-mail:      investor.relations@mm.group
   Internet:    www.mm.group
   ISIN:        AT0000938204
   WKN:         93820
   Indices:     ATX
   Listed:      Regulated Unofficial Market in Berlin, Frankfurt (Basic
                Board), Munich, Stuttgart; Vienna Stock Exchange (Official
                Market)
   EQS News ID: 1324177


    
   End of News EQS News Service


   1324177  11.04.2022 

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