Mayr-Melnhof to Become Market Leader in Colombia

Businessn.a. ♦ Published: September 17, 2012; 17:25 ♦ (Vindobona)

The Austrian carton producer Mayr-Melnhof Packaging acquires Colombian Plegacol and creates a new Colombian market leader in folding cartons.

Mayr-Melnhof to Become Market Leader in Colombia / Picture: © Mayr-Melnhof

With Plegacol, Mayr-Melnhof Packaging has acquired a further leading Colombian folding carton producer located in Santiago de Cali. The company generates annual sales of approximately € 15m.

Upon official authorization of this transaction operations of Plegacol and Gráficas Los Andes S.A., Cali, the largest Colombian folding carton manufacturer, in which MM Packaging already…