Divestment of Eerbeek and Baiersbronn Board Mills finalized

The Mayr-Melnhof Group (“MM”) announces the closing of the divestment of its virgin fiber-based cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to a subsidiary of funds managed by OaktreeCapital Management, L.P.

The mills Eerbeek and Baiersbronn together have an annual capacity of about 245kt of virgin fiber- based cartonboard(FBB) produced on two board machines and employ approximately 400 people. Sales reached EUR 195 million in 2020.

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