AUSTRIA/ASIA: MAYR-MELNHOF TO MAKE ACQUISITIONS

Article Abstract:

Michael Groller, chairman of the board of management, expects Mayr-Melnhof to conclude by the end of 2001 some of the 6-7 acquisitions on which the Austrian board and folding box maker is negotiating. An acquisition of the board division of Asian Pulp and Paper (APP) with plants in China and Indonesia would involve a partner. Beside Asia, Mayr-Melnhof is eyeing small board makers in Europe and sees Russia as an interesting market. Mayr-Melnhof predicts the west European board market to grow at an annual rate of 2% by 2011. Consumption in China is forecast to grow by 6.2%, in the rest of Asia 5.1% and in eastern Europe by 5.1% per year. Mayr-Melnhof has 7 board mills and 18 folding box factories with a combined capacity of 1.4mn tonnes.

China, Sales & consumption, European Union, Eastern Europe, Indonesia, Southeast Asia, Mayr-Melnhof Karton GmbH

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AUSTRIA: MAYR-MELNHOF PLANNING ACQUISITIONS

Article Abstract:

In the medium term, the Austrian cardboard and folding box producer Mayr-Melnhof hopes to increase turnover to more than Sch 1bn from Sch 911.3mn in 1999. At least one takeover is to be completed in the cardboard sector by the end of 2000. The company is in negotiations with four acquisition targets. Takeovers are possible also outside Europe. With its seven factories, Mayr-Melnhof is the leading European cardboard producer.

Strategy & planning

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UK: MAYR-MELNHOF RECYCLING ARM TO UNITED WASTE

Article Abstract:

A & J Bull, a subsidiary of United Waste Group, has acquired the British recycling operations of the Austrian board and folding box maker Mayr-Melnhof. MM-Recycling UK is active in five locations.

United Kingdom, Administration of Air and Water Resource and Solid Waste Management Programs, Refuse Systems, Waste Collection, Misc. Converted Paper Products, Paper Bags, Uncoated Paper and Multiwall Bag Manufacturing, Pollution Control & Abatement, Waste management industry, Pollution control

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