Mayr-Melnhof Karton AG - Company Profile
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Mayr-Melnhof Karton AG (MM Group) is a manufacturer and supplier of recycled fiber-based carton boards, and virgin fiber-based carton boards. The company’s portfolio of products includes solid board, multipack, microflute, flexible packaging products, instruction leaflet and paper products, blister cards, displays, trays, and promotion materials. Its products find applications in packaging of consumer staples, household, fast-moving consumer goods (FMCG), food, detergents, luxury products, personal care, cigarette, pharmaceutical and hygiene items. It also owns an innovative digital sales and service channel. The company’s operations are spread across Europe, Asia, Latin America, the Middle East and North Africa (MENA). Mayr-Melnhof is headquartered in Wien, Vienna, Austria
Mayr-Melnhof Karton AG premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Solid Board | FOODBOARD |
Multipack | Multicolor Spezial |
Microflute | MM Topliner |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In November, the company announced its plans to reduce multiyear investments at its pulp and paper mill, MM Kwidzyn, in Poland. |
2023 | Plans/Strategy | In April, the company invested EUR600 million in MM Kwidzyn, Poland, to increase long-term growth and competitiveness. |
2022 | Divestiture | In December, the company sold its two Packaging sites in Russia, St. Petersburg and Pskov to Granelle for EUR134 million. |
Competitor Comparison
Key Parameters | Mayr-Melnhof Karton AG | International Paper Co | Stora Enso Oyj | DS Smith Plc | Graphic Packaging Holding Co |
---|---|---|---|---|---|
Headquarters | Austria | United States of America | Finland | United Kingdom | United States of America |
City | Wien | Memphis | Helsinki | London | Atlanta |
State/Province | Oberosterreich | Tennessee | - | England | Georgia |
No. of Employees | 15,374 | 39,000 | 19,842 | 30,168 | 23,500 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Wolfgang Eder | Chairman | Executive Board | 2023 | - |
Nikolaus Ankershofen | Deputy Chairman | Non Executive Board | 2017 | 54 |
Peter Oswald | Chairman; Chief Executive Officer | Executive Board | 2020 | 61 |
Franz Hiesinger | Chief Financial Officer | Senior Management | 2017 | 58 |
Klaus Rabel | Director | Non Executive Board | 2020 | 62 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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