KPS to acquire MM Packaging from MM Group for an enterprise value of €2.4 billion
FROM THE WIRE · FINANCE.YAHOO.COM
MM Packaging to Become a Standalone Company MM Group to Retain 30% Ownership Interest NEW YORK, Nov. 10, 2026 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") has signed a definitive agreement to acquire MM Packaging (the "Business") from Mayr-Melnhof Karton AG ("MM Group") for…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralA sizeable cross-border M&A deal involving an Austrian paper group and a private equity fund, relevant for the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01KPS Capital Partners has signed a definitive agreement to acquire MM Packaging from Mayr-Melnhof Karton AG.
- 02The enterprise value of the transaction is €2.4 billion.
- 03MM Group will retain a 30% ownership stake in the business.
- 04Completion is subject to corporate and regulatory approvals and, for the French business, consultations with worker representatives.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Acom Co. Ltd2.54 EURMarket closedtoday +4.07%Neutral CEZ, a. s.1,340.00 CZKMarket closedtoday 0.00%Neutral EVN AG30.89 EURMarket closedtoday +1.80%Neutral Mayr-Melnhof Karton AG67.00 EURMarket closedtoday +0.30%Positive Naturgy Energy Group, S.A.29.84 EURMarket closedtoday +1.02%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets