Mayr-Melnhof Karton AG: Mayr-Melnhof Packaging acquires Colombian Plegacol and creates a new Colombian market leader in folding cartons

Mayr-Melnhof Karton AG / Key word(s): Acquisition

17.09.2012 / 08:56

---------------------------------------------------------------------

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@mm-karton.com, 
Website: http://www.mayr-melnhof.com


End of Corporate News

---------------------------------------------------------------------

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,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


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@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  
---------------------------------------------------------------------  
185336 17.09.2012