Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Mayr-Melnhof Karton AG (MM Packaging) is a manufacturer in the paper and packaging industry, based in Vienna, Austria. The company is 65% family owned, with the rest free-float, and is listed on the Vienna Stock Exchange.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
124
Staff(RF), 2021
428
Capital(RF), mln.USD
56
Assets(RF), mln.USD
60
Taxes(RF), mln.USD
7

The Mayr-Melnhof Group (MM) has sold its two Packaging sites in Russia, St. Petersburg and Pskov, to the local investor Granelle following approval by the governmental authorities. The selling price amounts to approx. EUR 134 million. In 2021, the plants generated combined sales of approx. EUR 124 million. The transaction is expected to have a neutral impact on MM’s net profit.

The Company Statement
December 16, 2022

Mayr-Melnhof Group announced the sale of the Russian enterprises it owns for the production of cardboard packaging - "MM Poligrafofromlennya Packaging" and "MM Poligrafofromlennya Rotogravyur".

July 23, 2023
MM Packaging divests production sites in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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