Mayr-Melnhof Packaging to acquire French packaging company

Photo: Mayr-Melnhof
Photo: Mayr-Melnhof

Mayr-Melnhof Packaging has made an offer to acquire the folding carton operations of Ileos, an international specialty packaging company headquartered in France.

Ileos has sales offices and manufacturing sites across Europe and in China, the US and Brazil. The company has five sites producing folding cartons for the pharmaceutical industry and two sites producing folding cartons for luxury items and cosmetics. All of these sites are located in France.

The purchase price will amount to approximately 80 million EUR (91 million USD).