# Duni Group raises Relevo stake to 50.02%, gaining majority control

Duni Group increased its ownership of Munich-based reuse company Relevo from 24.51% to 50.02%, consolidating it into its food packaging business area.

- Type: Acquisition
- Announced: 2024-03-07
- Where: Munich, Germany
- Status: completed
- Products: reusable tableware, reuse system solutions for takeaway food
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Duni](https://endata.com/companies/3054.md) (acquirer)
- [Relevo](https://endata.com/companies/11602.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/duni-group-relevo-stake/), 2024-03-07: "The move, which increases Duni's ownership from 24.51% to 50.02%, aims to bolster its food packaging business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.