Navigator Paper UK Limited launches a public all-cash firm offer for the acquisition of Accrol Group Holdings plc

Consumer concerns and tightening regulations have intensified the drive for more sustainable and safe packaging. At the same time, improving performance and efficiency are important. To answer the demand Metsä Board, part of Metsä Group, has introduced a collaborative 360 Service approach to deliver measurable benefits throughout the packaging value chain, from easy recyclability to brand impact, production and supply chain efficiency, reducing environmental impact, and beyond, complementing its premium paperboard offering. The Metsä Board 360 Service approach is based on the extensive paperboard and packaging expertise gained from decades of collaboration with leading global technology providers, research institutes, brand owners, converters, printers, corrugators, and logistics and IT providers. The new Metsä Board 360 Services consist of five entities: • Sustainability Service to ensure the compliance and maximise the sustainability of paperboard packaging. • Packaging Design Service to provide better consumer experiences with less environmental impact. • Technical Service uses Metsä Board’s in-depth technical expertise to help improve converting efficiency and packaging performance. • R&D Service offers extensive testing capabilities and possibilities to explore new opportunities in joint R&D projects. • Supply Chain and Digital Service enables responsive, sustainable and reliable paperboard supply across the globe.

Mondi, a global leader in packaging and paper, is increasing capacity for their paper-based MailerBAG range to further replace plastic packaging in eCommerce with a recyclable solution made of responsibly sourced renewable materials. The innovative MailerBAG is now available in three designs, with the flat bottom version complementing the existing range of pinch and folded bottom bags, as each one offers consumers user-friendly packaging with multiple advantages. This includes easy closing for packing, expandability for bulkier goods, and easy resealing functionality for returns. The bags are made from kraft paper, a renewable material, and are completely re-usable and recyclable. MailerBAGs protect products without transporting too much air, meaning less space in storage and transit due to their flexible properties. The bags can be used and shipped worldwide.

Earnings as expected below previous year’s record level. • Sharp decline in demand and significant market- and capex-related downtime at MM Board & Paper weigh on results • Strong profit performance at MM Packaging • Comprehensive modernisation programme to increase competitiveness of MM Board & Paper implemented • Successful integration of last year’s acquisitions in the resilient area of pharmaceutical packaging • Positive volume trend for MM Board & Paper at beginning of 2024, however pressure on margins is continuing. Peter Oswald, MM CEO, comments: “After the record result of the previous year, the MM Group faced a significantly lower demand in the paper and cartonboard industry as well as increasing price pressure in 2023. In addition to destocking in the supply chain, inflation-related changes in consumer behaviour which led to lower consumption of everyday goods and the overall economic slowdown in our European main markets were the main causes.