# Mayr-Melnhof completes acquisition of Kotkamills in Finland

Mayr-Melnhof Karton AG completed its acquisition of Finnish cartonboard and saturating kraft paper maker Kotkamills on 2 August 2021, after regulatory approvals. The deal strengthens MM's virgin-fiber cartonboard position and adds cupstock.

- Type: Acquisition
- Announced: 2021-08-02
- Where: Finland
- Status: completed
- Capacity: Medium-term sales target close to 400,000 t of cartonboard per annum
- Products: virgin fiber cartonboard, barrier cartonboard, cupstock, saturating kraft paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Kotkamills Group Oyj](https://endata.com/companies/7340.md) (target)
- [Mayr-Melnhof Karton](https://endata.com/companies/8237.md) (acquirer)

## Sources

- [ots.at](https://www.ots.at/presseaussendung/OTE_20210802_OTE0005/eans-news-mayr-melnhof-karton-ag-acquisition-of-kotkamills-successfully-completed), 2021-08-02: "The Mayr-Melnhof Group (MM) has completed the acquisition of Kotkamills, Finland, which was agreed in December 2020, after receiving approval from all relevant competition authorities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.