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Mayr-Melnhof is advancing its packaging production expansion at a Romanian plant, which is on schedule. Commercial production is set to start in October 2026, and the project is part of its Food & Premium Packaging division.
MM Board & Paper signed an agreement to acquire the operating business of the R.D.M. Arnsberg recycled cartonboard mill in Germany via an asset deal, with about 230,000 tonnes annual capacity. The price was not disclosed and closing is expected in Q4 2026.
MM Group sold its packaging subsidiary MM Bangor to Cordovan Capital, with MP Corporate Finance as exclusive financial advisor to the seller. MM Bangor had been acquired by MM Group in October 2022 as part of Essentra Packaging.
The Mayr-Melnhof Group completed its acquisition of Essentra Packaging, agreed in June 2022, covering ESNT Packaging & Securing Solutions (UK) and Essentra Packaging US. Essentra has 21 plants in 10 countries and about 3,500 employees, with 2021 sales of around EUR 410 million.
Mayr-Melnhof Group (MM) has agreed to buy Essentra Packaging from Essentra plc for a cash and debt free consideration of GBP 312 million. Essentra Packaging has 21 plants in 10 European and North American countries, and closing is expected in Q4 2022.
Austria's Mayr-Melnhof agreed to buy International Paper's Kwidzyn pulp, paper and board mill in Poland for €670 million on a cash and debt free basis, plus €33 million in usufruct and operating lease liabilities. The mill has about 740,000 tpy of capacity.
Mayr-Melnhof announced on November 5, 2020 an EUR 18 million investment in its Neupack folding carton plant at Hirschwang, Austria, covering an enlarged production and storage hall, new printing technology, die-cutting capacity and automation.
