Mayr Melnhof acquires Essentra’s Packaging Division

Mayr-Melnhof Group (MM) will buy British Essentra’s Packaging division for a cash and debt free consideration of £312m (€365m). Mayr-Melnhof Group (MM) will buy British Essentra’s Packaging division for a cash and debt free consideration of £312m (€365m). The proposed acquisition will expand MM Packaging’s cartons, leaflets and labels activities for the pharma and health market and create an attractive platform for further growth, the Austrian company writes....

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