- Business
- Miquel y Costas & Miquel, S.A. (MCM.MC) manufactures and distributes specialty papers and technical films primarily for the tobacco, labeling, packaging, and industrial sectors. The company produces cigarette papers, including porous plug wrap, tipping base, and bands under brands such as Miquel; self-adhesive labels and packaging films; and technical papers for filtration and other applications. It also offers services in paper recycling and customized industrial solutions.
Founded in 1907 and headquartered in Barcelona, Spain, the company operates production facilities in Spain, France, and Mexico, serving global markets with a focus on Europe, North America, and Latin America. Miquel y Costas & Miquel serves major tobacco manufacturers, packaging firms, and industrial clients through its subsidiaries, including Miquel y Costas Paper, S.L., and maintains a vertically integrated model from pulp processing to finished products. Its business segments encompass tobacco-related products, which account for the majority of revenue, alongside flexible packaging and specialty industrial papers.
In recent developments within the last two years, the company expanded its sustainable packaging offerings with new biodegradable films and strengthened partnerships in the tobacco sector amid regulatory shifts toward reduced-risk products. It completed a strategic acquisition of a Mexican facility in 2024 to bolster Latin American operations and announced a funding round for green technology investments in early 2025. No major name changes or reorganizations have occurred recently.