Mayr-Melnhof Karton AG — M&A Activity 2004

May 27, 2004

News Details

Corporate | 27 May 2004 09:15

MAYR-MELNHOF PACKAGING ACQUIRES FOLDING CARTON OPERATIONS IN POLAND AND ROMANIA

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– MAYR-MELNHOF PACKAGING ACQUIRES FOLDING CARTON OPERATIONS IN POLAND AND ROMANIA SECOND FOLDING CARTON FACILITY IN POLAND Mayr-Melnhof Packaging has acquired the Polish folding carton plant Poligram SP.J, located in Warsaw. The company was privately owned and the purchase price will not be disclosed. In the year 2003 the dynamically growing company registered sales of approximately EUR 9 million. The facility mainly produces high-grade packaging for food and thereby ideally complements the customer and product portfolio of the existing MMP plant, Neupack Polska, Bydgosz. Based on the increased local production capacity, as well as the expanded product program, MM-Packaging will continue to benefit from the strongly growing consumer goods market in Poland. EXPANSION IN ROMANIA MM Packaging Romania S.A., Ploiesti, founded in 1997 and market leader in the Romanian folding carton market has acquired the competitor, Rodata S.A., Bucharest. The company was privately owned and had sales of approximately EUR 3.5 million in 2003. The facility concentrates on the production of high-grade packaging which constitutes an appealing addition to the current product range of MM-Packaging in Romania. end of message, (c)DGAP 27.05.2004 ——————————————————————————– WKN: 093820; ISIN: AT0000938204; Index: ATX Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin-Bremen, Frankfurt, Hamburg, München und Stuttgart 270915 Mai 04