Completion of Sale of Mpac Lambert Limited
Mpac completes sale of Lambert to Mech.i.Tronic, reducing net debt and refocusing on full-line packaging machinery.
vs expectations: in line
Select text to share a quote on X · sign in to keep highlights & notes in your MPAC notes
Mpac Group plc, a global leader in high-speed packaging and automation solutions, today announces completion of the sale of Mpac Lambert Limited ("Lambert") to Mech.i.Tronic S.p.A, in line with the timing announced on 8 June 2026.
Adam Holland, Chief Executive Officer, commented:
"Completion of the sale of Lambert is an important step for Mpac, aligning the Group towards scalable, full-line packaging machinery solutions. The proceeds from the sale deliver a significant reduction in net debt for the Group.
I would like to take this opportunity to thank the Lambert team for their hard work, professionalism, and customer focus, meticulously exemplified during this transitional period, and wish the team every success under their new ownership."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.