UTIC and Mayr-Melnhof Packaging merge Tunisian carton businesses

Tunisian group UTIC merged its subsidiary STEM with the Tunisian subsidiaries of Austria's Mayr-Melnhof Packaging (TEC MMP and MMP Tunisia), creating a leader in folding carton and fluting paper in Tunisia. MCF advised UTIC on the deal, announced in May 2017.

“acted as an advisor to UTIC Group in the merger of its subsidiary, la Société Tunisienne des Emballages Modernes”med-cf.com

• 1 source
• med-cf.comMCF - Strategic partnership between the Tunisian group UTIC and the Austrian group Mayr-MeInhof PackagingMay 3, 2017

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