Mimir is set to acquire Billerud AB's Managed Packaging unit, allowing Billerud to refocus on core packaging materials, while Mimir aims to develop Managed Packaging as a standalone business.

Information on the Target

Managed Packaging is a specialized provider of customized packaging solutions catering to global brand owners and retail chains. With a strong manufacturing presence in Asia, the company has established a vast network of production partners across various regions. As of 2022, Managed Packaging employs 143 professionals across Asia, Europe, and the USA, and reported net sales amounting to SEK 770 million.

Industry Overview in the Target’s Specific Country

The packaging industry in Sweden has experienced significant evolution, largely driven by sustainability trends and consumer demand for innovative packaging solutions. Companies are increasingly focused on environmentally friendly practices and efficient production methods to meet both regulatory requirements and consumer preferences. This shift has prompted investments in new technologies and materials that prioritize recyclability.

In recent years, major Swedish packaging firms have diversified their offerings to include not only packaging materials but also value-added services such as logistic