Mayr-Melnhof Karton AG: Mayr-Melnhof Packaging closes acquisition of TANN Group
January 15, 2019 at 04:40 pm
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DGAP-News: Mayr-Melnhof Karton AG / Key word(s): Takeover
Mayr-Melnhof Karton AG: Mayr-Melnhof Packaging closes acquisition of TANN Group
15.01.2019 / 17:37
The issuer is solely responsible for the content of this announcement.
Mayr-Melnhof Packaging has today closed the acquisition of TANN Group. TANN prints on and finishes externally sourced fine paper to produce tipping paper (cigarette filter paper) and is the global market leader in this area.
For further information, please contact:
Stephan Sweerts-Sporck, Investor Relations,
Mayr-Melnhof Karton AG,
Brahmsplatz 6, A-1040 Vienna
Tel.: (+43/1) 50136 - 91180, Fax: (+43/1) 50136 - 91195
e-mail: investor.relations@mm-karton.com, Website: http://www.mayr-melnhof.com
15.01.2019 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. Archive at www.dgap.de
Mayr-Melnhof Karton AG is Europe's leading producer of cardboard and cardboard boxes. Net sales break down by product family as follows:
- cardboard and paper (53.7%): 2,433 Kt produced, broken down between recycled fiber-based board (1,217 Kt; No. 1 worlwide), virgin fiber-based board (634 Kt) and papers (582 Kt). At the end of 2022, the group had 6 plants located in Europe;
- cardboard boxes (46.3%): 4,056 million m2 produced in 2022 through 65 production sites worldwide.
Net sales are distributed geographically as follows: Austria (1.8%), Germany (17.2%), Poland (14.6%), France (9%), the United Kingdom (6.8%), Europe (30.8%), the Americas (5.1%) and other (14.7%).
MAYR-MELNHOF KARTON AG 
