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 fiberbased cartonboard (FBB) produced on two board machines and employ approximately 400 people. Sales reached EUR 195 million in 2020.
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: This email address is being protected from spambots. You need JavaScript enabled to view it.