Mayr-Melnhof Packaging Acquires Largest Chilean Folding Carton Producer

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Mayr-Melnhof Packaging, Germany, has acquired a 70% participation in Marinetti S.A., located in Santiago de Chile. The former family shareholders hold the remaining shares.

Marinetti produces folding carton packaging for multinational as well as local producers of branded goods. Currently the company employs some 650 people and generates annual sales of approximately EUR 45 million.