# 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.

- Type: Partnership
- Announced: 2017-05-01
- Where: Tunisia, Tunisia
- Status: completed
- Products: folding cartons, fluting paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [STEM](https://endata.com/companies/1386.md)
- [UTIC Group](https://endata.com/companies/1384.md) (partner)
- [Mayr-Melnhof Packaging](https://endata.com/companies/1385.md) (partner)

## Sources

- [med-cf.com](https://www.med-cf.com/strategic-partnership-between-the-tunisian-group-utic-and-the-austrian-group-mayr-meinhof-packaging/), 2017-05-03: "acted as an advisor to UTIC Group in the merger of its subsidiary, la Société Tunisienne des Emballages Modernes"

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