Mimir Group is happy to announce that the acquisition of Billerud Managed Packaging has been closed according to plan. Unboxing and carve-out of the new Mimir Group subsidiary is ongoing. In tandem with the acquisition Managed Packaging will be given a new name (to be communicated in due course). About Managed Packaging Managed Packaging...
Mimir has agreed with Billerud AB (OM:BILL) about a divestment of Managed Packaging, which offers packaging solutions to global brand owners. The transaction is expected to be completed during August 2023. The intention to divest the business unit Managed Packaging to Mimir is a consequence of Billerud’s focus on packaging materials, which means a reduced...
Mimir today announces the closing of the acquisition of Metso Outotec Metal Recycling. The business will from day one go back to its roots operating as Lindemann, the famous metal recycling brand with a history spanning more than 100 years. Lindemann is a leading global developer of metal recycling solutions and services, with headquarters in...
Mimir Group announced today that Eugene Ciemnyjewski will join the firm as Industrial Advisor based in Germany, where he will advise Mimir on various aspects related to its investment program in primarily the DACH region. Mr. Ciemnyjewski also joined Mimir’s subsidiary Euroatlas as its new CEO as of the 3rd of January. Mr. Ciemnyjewski, has...
The closing of the transaction is expected to take place during the first half of 2022. The parties have decided not to disclose the value of the transaction. Metso Outotec announced in October 2020 that it intends to divest its recycling businesses, which have since been reported as part of discontinued operations in Metso Outotec’s...