Tag: Huhtamaki

Huhtamaki to expand presence in flexible packaging market with US$483m acquisition of Elif

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TURKEY – Finnish food packaging specialist Huhtamaki is set to expand its position in the flexible packaging market with a US$483 million acquisition of Turkish-based producer Elif.   According to Huhtamaki, Elif specialises in sustainable flexible packaging and uses both post-industrial and post-consumer recycled polymers as raw materials.  Huhtamaki says that more than 90% of Elif’s current product portfolio is recyclable and that the range also includes compostable films.  The company supplies its packaging solutions to customers across Europe, the Middle East, and Africa, serving markets including food, beverage, and dairy, as well…

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Huhtamaki to boost fibre packaging capacity with new facility in South Africa, eyes East African market

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SOUTH AFRICA – Huhtamaki, a global food packaging specialist, has announced that it is establishing a new manufacturing facility in KwaZulu-Natal, South Africa, in a bid to boost its capacity. Due to begin operations in the fourth quarter of 2021, the facility will serve its existing and new egg packaging customers in the province, with a broad range of locally produced packaging solutions. Employing around 30 people when fully operational, the facility will be located close to one of South Africa’s main export ports, enabling competitive exports of egg packaging…

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Middleby enhances commercial foodservice platform following merger with Welbilt in US$4.3bn deal

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USA –The Middleby Corporation, a cooking and industrial process equipment company,  has agreed to acquire foodservice equipment manufacturer Welbilt, for about US$2.9 billion in an all-stock deal to beef up its commercial foodservice platform. Welbilt provides chefs, premier chain operations and independents with food equipment, beverage dispensing and refrigeration solutions under brands such as Cleveland, Frymaster, Kolpak and Multiplex. The companies said in a joint statement that the new combined entity will have about US$3.7 billion in combined sales for 2020, of which 73% come from the commercial foodservice segment.…

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Finnish food packaging specialist Huhtamaki to relocate Malaysia paper cup manufacturing facility

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MALAYSIA – Global food packaging specialist Huhtamaki has announced a €10 million (about US$ 12.15 million) investment in a new manufacturing site in Malaysia, in order to better serve its customers in Southeast Asia. The relocation comes a month after the Finnish based company announced that it is establishing a new fibre packaging manufacturing plant at its existing site in Alabuga, Russia. According to Huhtamaki, the Russia facility expansion became neccessary after the company witnessed a rapid growth of the retail and egg packaging sectors in the region. As part…

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Huhtamaki donates US$3.28m to global circular economy initiatives

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FINLAND – Huhtamaki, a global food and drinks packaging firm based in Finland, will be donating EUR 3 million (US$3.28 million) towards circular economy initiatives aimed at addressing global sustainability challenges. The donation, which come at the heights of the company’s celebration of its 100-year anniversary, will be used to fund innovative and emerging technologies to clean plastic waste as well as providing education and training on waste management. “We are acting today, educating for tomorrow and funding innovation for the future, making a difference where it matters most to…

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Huhtamaki renews its 2030 sustainability ambitions, merges two business units

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FINLAND – Food packaging solutions provider, Huhtamaki has unveiled its renewed long-term 2030 strategy and sustainability ambitions as part of the company’s strategy to maintain a growth trajectory and meet future transformative trends. Going forward, Huhtamaki said that it will focus on growth, competitiveness, talent and sustainability as the company seeks to become the first choice in sustainable food packaging. As part of Huhtamaki’s new 2030 sustainability ambitions, the Finish packaging supplier has set a goal to become carbon neutral in its production and adopt science based targets. Huhtamaki also…

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Huhtamaki inaugurates new fiber packaging line in Russia

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RUSSIA – Huhtamaki, a global specialist in packaging for food and drinks has opened a new fiber packaging line in Invanteevka, Russia to enable the company meeting the growing demand of packaging solutions. The new packaging line is part of a €7 million (US$7.7m) investment that the company announced in November 2018, which included setting up a completely new state-of-the-art egg carton line as well as modernizing one of the unit’s existing egg packaging lines. As part of Huhtamaki’s continuous efforts to minimize the environmental footprint of its manufacturing operations,…

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Huhtamaki acquires 70% stake of South Africa based Everest Flexible

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SOUTH AFRICA – Huhtamaki, a global food and drinks packaging firm based in Finland is set to acquire a majority stake of 70% in South Africa-based flexible packaging manufacturer, Everest Flexibles for approximately €58 million (approximately US$63m). The sellers of Durban-headquartered Everest Flexibles shares have agreed to enter into a joint venture with Huhtamaki’s Foodservice and Fibre Packaging operations in South Africa. The business will be merged with Huhtamaki’s current flexible packaging sales organisation in South Africa, and it will become part of the company’s Flexible Packaging business segment. As…

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Huhtamaki’s new facility in Egypt receives highest rating in BRC audit

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EGYPT – Huhtamaki’s new flexible packaging unit in Egypt has received the highest rating of AA in a British Retail Consortium (BRC) audit earlier this month. The classification “AA” was introduced by the BRC as an excellence level to foster continuous improvement and is geared towards sites that have already reached the Grade A and is achieved by sites with less than 5 minor non-conformities. Located in the greater Cairo, the new unit which the global food packaging firm based in Finland inaugurated in April 2019, saw the firm invest…

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Huhtamaki launches new compostable double wall Impresso cup

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FINLAND – Finnish food packaging company, Huhtamaki has launched a new compostable double walled Impresso hot cup, expanding its existing Bioware compostable range. The new cup features a unique Impresso bubble emboss which provides enhanced insulation and a tactile touch for the holder. It is available in a mixed sleeve of white and green designs, utilizing sustainable 100% PEFC (Programme for the Endorsement of Forest Certification) certified paperboard with a plant-based coating on the inside. Huhtamaki claims that like the other Impresso double wall cups, the new design uses up…

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