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Mayr-Melnhof
Mayr-Melnhof Karton AG is a manufacturer in the paper and packaging industry, based in Vienna, Austria. The company is 65% family owned, with the rest free-float, and is listed on the Vienna Stock Exchange (Wiener Börse).
Mayr-Melnhof packaging is a multi-national company with plants in Austria, Chile, Germany, France, the United Kingdom, Iran, Jordan, the Netherlands, Poland, Romania, Slovenia, Spain, Turkey, Tunisia, Ukraine, and Vietnam.
The Mayr-Melnhof family hailed from Spielberg, Styria and was first mentioned in a written document from 1423. Industry owner, Franz Mayr (1810–1889) was ennobled in 1859 with the title "Edler of Melnhof". Since then the family was styled Mayr von Melnhof.
In 1872 Franz Mayr, Edler von Melnhof, received the hereditary title of Baron in Austria for him and his legitimate male-line descendants, by Franz Joseph I.
The family owned town palaces in Graz and Vienna, as well as several other castles across Austria, such as Glanegg, Kogl, Neu-Pfannberg, Jagdschloss Hochalm, which served as their country residencies.
The most notable member of the family was Marianne, Princess of Sayn-Wittgenstein-Sayn, a German noblewoman, socialite and a professional photographer.
Industrial production of cardboard began in 1950, when the first cardboard machine was installed at the main mill in Frohnleiten, Styria, marking the start of large-scale manufacturing. Over the following decades, the company steadily expanded its operations and influence in the packaging industry. In 1994, the Mayr-Melnhof Group took a significant step in its corporate development by transforming into a stock corporation and securing a listing on the Vienna Stock Exchange. The initial public offering was set at a price of ATS 500 per share, equivalent to roughly EUR 35, symbolizing the company's growing presence in the European market.
In 2008, MM Packaging expanded its operations by acquiring 60% of Superpack, a Turkish folding cardboard manufacturer based in İzmir, which employed 120 people and operated two offset printing lines processing 8,000 tonnes of cardboard annually. However, the same year saw the closure of the Nikopol (Bulgaria) cardboard plant, incurring a liquidation cost of EUR 22.6 million.
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Mayr-Melnhof
Mayr-Melnhof Karton AG is a manufacturer in the paper and packaging industry, based in Vienna, Austria. The company is 65% family owned, with the rest free-float, and is listed on the Vienna Stock Exchange (Wiener Börse).
Mayr-Melnhof packaging is a multi-national company with plants in Austria, Chile, Germany, France, the United Kingdom, Iran, Jordan, the Netherlands, Poland, Romania, Slovenia, Spain, Turkey, Tunisia, Ukraine, and Vietnam.
The Mayr-Melnhof family hailed from Spielberg, Styria and was first mentioned in a written document from 1423. Industry owner, Franz Mayr (1810–1889) was ennobled in 1859 with the title "Edler of Melnhof". Since then the family was styled Mayr von Melnhof.
In 1872 Franz Mayr, Edler von Melnhof, received the hereditary title of Baron in Austria for him and his legitimate male-line descendants, by Franz Joseph I.
The family owned town palaces in Graz and Vienna, as well as several other castles across Austria, such as Glanegg, Kogl, Neu-Pfannberg, Jagdschloss Hochalm, which served as their country residencies.
The most notable member of the family was Marianne, Princess of Sayn-Wittgenstein-Sayn, a German noblewoman, socialite and a professional photographer.
Industrial production of cardboard began in 1950, when the first cardboard machine was installed at the main mill in Frohnleiten, Styria, marking the start of large-scale manufacturing. Over the following decades, the company steadily expanded its operations and influence in the packaging industry. In 1994, the Mayr-Melnhof Group took a significant step in its corporate development by transforming into a stock corporation and securing a listing on the Vienna Stock Exchange. The initial public offering was set at a price of ATS 500 per share, equivalent to roughly EUR 35, symbolizing the company's growing presence in the European market.
In 2008, MM Packaging expanded its operations by acquiring 60% of Superpack, a Turkish folding cardboard manufacturer based in İzmir, which employed 120 people and operated two offset printing lines processing 8,000 tonnes of cardboard annually. However, the same year saw the closure of the Nikopol (Bulgaria) cardboard plant, incurring a liquidation cost of EUR 22.6 million.