April 11, 2022 - The Mayr-Melnhof Group has 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.
Terms of the deal were not disclosed.
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," said Peter Oswald, CEO of Mayr-Melnhof Group. "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."
Mayr-Melnhof Group operates two business divisions: MM Karton is Europe's largest cartonboard producer with a leading position in recycled fiber-based cartonboard. The division has the capacity to produce over 1.7 million tons per year. MM Packaging is a leading producer of folding cartons in Europe. The division processes around 800,000 tons of cartonboard and paper per year. To learn more, visit: www.mayr-melnhof.com.
SOURCE: Mayr-Melnhof Group
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