KPS to Acquire MM Packaging from MM Group

  MM Packaging to Become a Standalone Company  MM Group to Retain 30% Ownership Interest NEW YORK, Nov. 10, 2026 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") has signed a definitive agreement to acquire MM Packaging (the "Business") from Mayr-Melnhof Karton AG ("MM Group") for an enterprise value of €2.4 billion. MM Group will retain 30% ownership of the Business. Completion of the transaction is subject to the required corporate and regulatory approvals as well as other customary conditions and for the French Business, the acquisition is subject to consultation processes with work…READ FULL ARTICLE