Mayr-Melnhof divests packaging sites in Russia

Mayr-Melnhof Karton AG

16/12/2022 08:58

Dec 16 (Reuters) - Mayr-Melnhof  MMKV.VI  has divested
its packaging sites in Russia for a total of about 134 million
euros ($142.64 million), the cartonboard manufacturer said on
Friday.
    The local packaging sites, located in Saint Petersburg and
Pskov, were sold to local investor Granelle, it added.
    Mayr-Melnhof said the sale is expected to have a neutral
impact on the Austrian firm's net profit. 
($1 = 0.9394 euros)
 (Reporting by Tristan Chabba in Gdansk, editing by Rachel More)
 ((Tristan.Chabba@thomsonreuters.com;))