Industry News, Mergers and Acquisitions, Printers News

MWV Completes Sale of European Tobacco Folding Carton Business to AR Packaging Group

Included are operations in Austria, Poland and Russia

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By: DAVID SAVASTANO

Editor, Ink World Magazine

MeadWestvaco announced the completion of the previously announced sale of its European-based tobacco folding carton business to AR Packaging Group AB. Terms of the sale were not disclosed.   Included in the sale were operations at three facilities in Graz, Austria; Krakow, Poland; and Moscow, Russia, which manufacture and print hinge-lid boxes, display cartons, and high-impact cigarette packaging, as well as folding carton packaging for some chocolate confectionery and consumer apparel segment...

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