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Huhtamaki acquires 70% stake in Irish paper cup maker CupPrint for EUR 22M
Finnish packaging firm Huhtamaki acquired a 70% stake in Ennis-based paper cup maker CupPrint for EUR 22 million on a debt-free basis. The deal was reported on May 31, 2018.
Capacity
about eight million cups a month
Productspaper cupsPLA-coated paper cups
“Huhtamaki said it had acquired a 70 per cent stake in CupPrint on a debt-free basis for a cost of €22 million.”irishtimes.com
- 3 sources
- irishtimes.comCup runneth over for Clare company as it gets new owner in €22m deal – The Irish TimesMay 31, 2018
- packagingnews.co.ukMergers & acquisitions :: Packaging News | Page 20 of 59Jun 4, 2018
- cupprint.comCup Print joins forces with Huhtamaki - Cup PrintJun 6, 2018
Summarized from public sources; check the original articles before acting on it.