Mayr-Melnhof Karton AG (MM) has completed the sale of TANN Group to EvergreenHill Enterprise Pte. Ltd., part of a privately held group based in Indonesia.
TANN Group produces tipping paper by printing and finishing fine paper sourced externally. The sale supports MM’s strategy to streamline operations and focus on its core packaging and cartonboard business.
Terms of the deal were not disclosed.
Mayr‑Melnhof Karton AG (MM), founded in 1950 and headquartered in Vienna, Austria, is Europe’s leading producer of cartonboard and folding cartons. Operating through two core divisions—MM Board & Paper and MM Packaging—it delivers a broad portfolio including cartonboard (virgin and recycled), folding cartons for food, pharma, hygiene and consumer goods, as well as leaflets, labels, kraft and uncoated fine papers.
