DGAP-News: Mayr-Melnhof Karton AG: Mayr-Melnhof Packaging acquires Colombian Plegacol and creates a new Colombian market leader in folding cartons
(firmenpresse) - DGAP-News: Mayr-Melnhof Karton AG / Key word(s): Acquisition
Mayr-Melnhof Karton AG: Mayr-Melnhof Packaging acquires Colombian
Plegacol and creates a new Colombian market leader in folding cartons
17.09.2012 / 08:56
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With Plegacol, Mayr-Melnhof Packaging has acquired a further leading
Colombian folding carton producer located in Santiago de Cali. The company
generates annual sales of approximately EUR 15 million.
Upon official authorization of this transaction operations of Plegacol and
Gráficas Los Andes S.A., Cali, the largest Colombian folding carton
manufacturer, in which MM Packaging already holds a 20 % shareholding and
an option right to 100 %, will be concentrated to form a new Colombian
market leader in folding cartons. This entity will generate sales of about
EUR 30 million with around 400 employees and convert approximately 16,000
tons of cartonboard p.a.
For MM Packaging the acquisition of Plegacol constitutes already a third
step into Latin America subsequent to the acquisition of the Chilean market
leader Marinetti in 2010 and an interest in Gráficas Los Andes S.A earlier
this year.'Our goal is to follow our customers into future markets and to
create a Latin American network of highly efficient folding carton plants,
which we will develop according to best practice of the MM Group', outlines
CEO Wilhelm Hoermanseder the long term strategy.
For further information please contact:
Stephan Sweerts-Sporck, Investor Relations,
Mayr-Melnhof Karton AG, Brahmsplatz 6, A-1041 Vienna
Tel.: (+43/1) 50136 - 91180, Fax: (+43/1) 50136 - 91195
e-mail: investor.relations(at)mm-karton.com,
Website: http://www.mayr-melnhof.com
End of Corporate News
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17.09.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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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: investor.relations(at)mm-karton.com
Internet: www.mayr-melnhof.com
ISIN: AT0000938204
WKN: 93820
Indices: ATX
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Wien (Amtlicher Handel / Official Market)
End of News DGAP News-Service
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185336 17.09.2012
Themen in dieser Pressemitteilung:
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melnhof-packaging-acquires-colombian-plegacol-and-creates-a-new-colombian-market-leader-in-folding-cartons
Unternehmensinformation / Kurzprofil:
Datum: 17.09.2012 - 08:56 Uhr
Sprache: Deutsch
News-ID 183698
Anzahl Zeichen: 4769
contact information:
Kategorie:
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