MM advances on its growth strategy for Packaging
The Mayr-Melnhof Group (MM) acquired 100% of the shares in Eson Pac, headquartered in Veddige, Sweden, from the majority shareholder Nalka Invest AB as well as family and management minority shareholders.
With total sales of about EUR 48 million, Eson Pac develops, produces and distributes high-quality secondary packaging solutions for the pharmaceutical industry. The company has three production sites in Sweden and one in Denmark focusing on folding cartons, leaflets and labels. Currently Eson Pac employs approximately 300 people.
“With this acquisition we strengthen our footprint within the Premium business of the Packaging division. The transaction ideally complements our current customer base and offers attractive new opportunities. In combination with our existing operations we can offer more innovative and sustainable solutions for our customers. We have great confidence that together with the highly qualified team of Eson Pac we will shape the common growth path”, comments MM CEO, Peter Oswald.
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