Mayr-Melnhof Karton AG (MM) has closed the sale of 100 % of the shares in TANN Group to EvergreenHill Enterprise, Pte. Ltd., part of an Indonesian-based privately held group of diversified companies.
TANN Group prints on and finishes externally sourced fine paper to produce tipping paper.
MM is a global leader in consumer packaging. The Group provides packaging solutions for cartonboard and folding cartons with an attractive offer in kraft papers, uncoated fine papers, leaflets and labels.