Mayr-Melnhof Does Not Take over Russian A&R Plants
OREANDA-NEWS. February 21, 2014. Management Board of Mayr-Melnhof gives notice that the agreement of last November to acquire three A&R Carton sites will not be closed due to changed circumstances, as the company said in the press release received by Lesprom Network.
“Conserving value for our shareholders remains a priority also throughout the consolidation. We will continue our course of expansion with verve and due care,” stresses CEO Dr. Wilhelm Hormanseder.
The Mayr-Melnhof Group is the world-leader in coated recycled cartonboard with a growing position in virgin fiber based board and Europe’s leading manufacturer of folding cartons.
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