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Mayr-Melnhof Karton AG
Cleantech | Resource efficiencyMayr-Melnhof Karton AG
Sector
Cleantech / Resource Efficiency
Headquarters
Austria
Market cap
€ 2.3 bn
Portfolio entry
2010: Quest Cleantech Fund
2017: Quest+
2020: Quest for Growth
Cartonboard and packaging from recycled wastepaper
Mayr-Melnhof Karton AG is a producer of cartonboard, predominantly using recycled feedstock. Its operations are divided into two core business divisions: MM Board & Paper and MM Packaging. MM Board & Paper produces and markets carton board from recycled fibers and virgin fibers. It operates mills in several European countries. The MM Packaging division converts carton board into folding cartons, with the majority of the manufactured products being sold to multinational customers in the branded goods industry. Next to Europe, MM Packaging also has production plants in Latin America and Asia. The Austrian company's IPO at the Vienna Stock Exchange was in 1994.