Agreement between the UTIC Group and the Austrian Mayr-Melnhof Packaging (MMP) (02/05/2017)

The UTIC Group is pleased to announce its strategic merger in Tunisia with the Austrian Group Mayr-Melnhof Packaging ("MMP") for cardboard packaging activities.

This agreement was materialized through the merger of its subsidiary, the Tunisian Company STEM with the subsidiaries of the MMP group in Tunisia (TEC MMP and MMP Tunisie).

The main objective of this partnership is to promote the industrial, commercial and administrative synergies between the three entities and to enable the Group to improve its future development in the Tunisian and North African markets.

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