Sourced brief
KPS Capital Partners Acquires 70 Percent Stake in MM Packaging
Private equity firm KPS Capital Partners buys a majority stake in MM Group's packaging division for 2.4 billion euros.
- What happened
- KPS Capital Partners reached an agreement valued at 2.4 billion euros to acquire a 70 percent stake in MM Group's packaging business. The transaction establishes the folding carton manufacturer as an independent standalone company.
- Why it matters
- This transaction spins off a major folding carton maker into an independent entity, altering the competitive landscape for packaging buyers and suppliers.
- Who is affected
- Converters, folding carton makers, and packaging buyers.
KPS Capital Partners previously held packaging assets including Eviosys and Anchor Glass.
AI-generated brief, not yet reviewed by an editor. Written automatically from the linked source (Packaging Dive) and checked by an automated fact-check. It may contain errors — read the original source. Report a problem · How we use AI
Sources
- Folding carton maker MM Packaging being sold to private equity — Packaging Dive
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