Paper Clips

MM Group to sell 70% of Packaging business to KPS Capital Partners

MM Group has signed a binding agreement to transfer its Packaging business to a newly established holding company in which KPS Capital Partners will own 70% and MM will retain 30% at completion. The transaction assigns the Packaging business an enterprise value of EUR 2.4 billion.

The scope includes Food & Premium Packaging, excluding operations in Iran and Tunisia, and Pharma & Healthcare Packaging. MM’s retained investment will allow it to participate in the business’s subsequent development and value creation.

The transaction will separate Packaging from Board & Paper, giving each business more focused strategic and capital allocation priorities. Packaging already operates with considerable independence.

MM Group to sell Packaging majority to KPS for EUR 2.4bn

Back To Top
×Close search
Search