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Mayr-Melnhof Packaging has broadened its path of expansion by the region of North Africa and announces a 51 % participation in a folding carton joint-venture with TEC S.A., a leading Tunisian packaging producer, located in Sfax.

Tunisia will be the platform for common ambitious expansion plans in the growth region of North Africa.

In 2005 TEC S.A. generated annual sales of approximately EUR 7 million in its offset business, which forms the operative substance of the joint-venture, and converted more than 6.000 tons of cartonboard, supplying mainly consumer goods producers in the detergent, tobacco and food market segments. The company employs more than 100 people.

Still in 2006, a second packaging plant is scheduled to start operations in Tunisia.

Mayr-Melnhof Packaging is Europe’s number one producer of folding cartons. In 2005, the group converted approximately 505.000 tons of cartonboard and paper into high-quality packaging at 23 locations.