Granelle acquired Two Packaging sites in Russia from Mayr-Melnhof Karton AG (WBAG:MMK) for €134 million on December 16, 2022. In 2021, the plants generated combined sales of approximately €124 million. The transaction is expected to have a neutral impact on Mayr-Melnhof Karton's net profit. Mayr-Melnhof Karton received the approval by the governmental authorities.

Granelle completed the acquisition of Two Packaging sites in Russia from Mayr-Melnhof Karton AG (WBAG:MMK) for €134 million on December 16, 2022.