Article1 min read Jan 2, 2025Mayr-Melnhof Karton to Sell TANN Group for EUR 360 MillionMayr-Melnhof Karton AG (MM) has agreed with Evergreen Hill Enterprise, Pte. Ltd., part of an Indonesian-based privately held group of diversified companies, on the sale of 100% of the shares in TANN Group, headquartered in Traun, Austria, for a cash and debt-free enterprise value of EUR 360 million.