on Mayr-Melnhof Karton AG (isin : AT0000938204)
Mayr-Melnhof Karton AG Completes Sale of TANN Group
Mayr-Melnhof Karton AG (MM) has finalized the sale of its entire stake in TANN Group. The buyer, Evergreen Hill Enterprise, Pte. Ltd., is part of an Indonesian-based conglomerate with diversified business interests. TANN Group specializes in printing and finishing externally sourced fine paper to produce tipping paper. This divestment marks a strategic move for MM as it refocuses on its core business operations.
For inquiries, contact Stephan Sweerts-Sporck, Investor Relations, at Mayr-Melnhof Karton AG, Vienna. The company is publicly traded on multiple European stock exchanges, including Vienna Stock Exchange's Official Market.
R. P.
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