EANS-News: Mayr-Melnhof Karton AG
Divestment of Eerbeek and Baiersbronn board mills finalized
02.08.2021 – 08:00
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- No Keyword Vienna - The Mayr-Melnhof Group ("MM") announces the closing of the divestment of its virgin fiber-based cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to a subsidiary of funds managed by Oaktree Capital Management, L.P. The divestment is in line with MM's strategy to focus on new acquisitions and growth capex. The mills Eerbeek and Baiersbronn together have an annual capacity of about 245kt of virgin fiber-based cartonboard (FBB) produced on two board machines and employ approximately 400 people. Sales reached EUR 195 million in 2020. Further inquiry note: For further information, please contact: Stephan Sweerts-Sporck Investor Relations Mayr-Melnhof Karton AG Brahmsplatz 6, A-1040 Vienna, Austria Tel.: (+43/1) 50136 – 91180 e-mail: investor.relations@mm-karton.com end of announcement euro adhoc --------------------------------------------------------------------------------
issuer: Mayr-Melnhof Karton AG Brahmsplatz 6 A-1040 Wien phone: +43 1 50 136 FAX: mail: investor.relations@mm-karton.at WWW: www.mayr-melnhof.com ISIN: AT0000938204 indexes: ATX, ATX PRIME stockmarkets: Wien language: English
Original-Content von: Mayr-Melnhof Karton AG, übermittelt durch news aktuell