Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Mayr-Melnhof Karton AG M&A Activity 2015

Jun 17, 2015

750_rns_2015-06-17_7e2cdd98-8cea-4d85-a6be-6233e96b3ffd.html

M&A Activity

Open in viewer

Opens in your device viewer

News Details

Corporate | 17 June 2015 11:00

Mayr-Melnhof Karton AG: Mayr-Melnhof Packaging makes an offer to acquire a specialty packaging company in France

DGAP-News: Mayr-Melnhof Karton AG / Key word(s): Acquisition

2015-06-17 / 11:00


MM Packaging has made an offer to acquire the folding carton operations of
Ileos SA, owned by funds of Oaktree Capital Management L.P. The company has
five sites producing folding cartons for the pharmaceutical industry and
two sites producing folding cartons for luxury articles and cosmetics. All
sites are located in France. In 2014 sales amounted to approximately EUR
115 million; about 26,000 tons of cartonboard and 6,000 tons of paper were
converted.

The purchase price will amount to approximately EUR 80 million.

Customer portfolio as well as market share fit into the industrial growth
strategy of MM Packaging.

The transaction will be subject to customary closing conditions.

For further information, please contact:

Stephan Sweerts-Sporck
Investor Relations

Mayr-Melnhof Karton AG
Brahmsplatz 6
A-1040 Wien
Tel.: (+43/1) 50136 - 91180
Fax: (+43/1) 50136 - 91195
e-mail: [email protected]
Website: http://www.mayr-melnhof.com


2015-06-17 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: Mayr-Melnhof Karton AG
Brahmsplatz 6
1040 Wien
Austria
Phone: 0043 1 501 36 91180
Fax: 0043 1 501 36 91391
E-mail: [email protected]
Internet: www.mayr-melnhof.com
ISIN: AT0000938204
WKN: 93820
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart;
Open Market in Frankfurt ; Wien (Amtlicher Handel /
Official Market)

End of News DGAP News-Service

369137 2015-06-17