By Aidan Cahill
07 Jan 2026

Grenadier Packaging acquires MM Packaging Leeuwarden in strategic expansion

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London, January 2026 - Grenadier Packaging is pleased to announce the acquisition of MM Packaging Leeuwarden from Mayr-Melnhof Karton AG (“MM”) on 31st December 2025.

MM Packaging Leeuwarden is a long-established operation with a strong reputation for quality folding carton production and long-standing customer relationships across the Dutch and broader European market. Under Grenadier Packaging’s ownership, the Leeuwarden business will continue to operate as a dedicated standalone operation from its existing site in the Netherlands, with a clear focus on long-term stability and investment and full continuity of supply, product quality, and service for customers. MM Packaging Leeuwarden employs 52 people. 

The acquisition builds on Grenadier Packaging’s proven M&A track record, with six acquisitions completed to date and a continued focus on pursuing further strategic opportunities.

We are acquiring MM Packaging Leeuwarden with a long-term view and a strong respect for the business that already exists. This acquisition represents a considered step in extending Grenadier Packaging’s footprint beyond the UK, allowing us to better support customers operating across European markets and to build a more resilient, diversified packaging group. Our focus remains on continuity – giving our support to the existing team, maintaining service levels, and investing responsibly over time.

The Leeuwarden site will remain focused on its current product portfolio and customer base, with no immediate changes planned to day-to-day operations, management structure, or supplier relationships.

Leeuwarden is a well-run, capable operation with clear strengths. Our priority through the transition is stability - ensuring customers, employees, and suppliers experience business as usual while the site benefits from the backing of a long-term owner.

All employees at the Leeuwarden facility are expected to transfer as part of the transaction, and all existing customer agreements will continue without disruption. Grenadier Packaging will engage closely with employees, works council representatives, customers, and suppliers throughout the transition period to ensure clarity and confidence.

 

About Grenadier Packaging

Grenadier Packaging is a leading UK-based packaging group operating across both the corrugated and folding carton sectors. Through its subsidiaries the company delivers high-quality, innovative, and sustainable packaging solutions.

About Grenadier Holdings

Grenadier Holdings is a privately held investment company with investments across multiple industries. Grenadier Holdings’ investment companies are leading providers of technology-driven business solutions globally, with €1.7bn in annual sales and more than 9,000 employees across 30+ countries.

 

For more information contact:
Aidan Cahill – Managing Director, Grenadier Packaging: Aidan.Cahill@grenadierpackaging.com
Pauric Crean – Investment Manager, Grenadier Holdings: Pauric.Crean@grenadier-holdings.com