Huhtamaki completes acquisition of Jiangsu Hihio-Art Packaging in China

Huhtamaki has completed the acquisition of the assets of Jiangsu Hihio-Art Packaging Co. Ltd., a Chinese manufacturer of paper bags, wraps and folding carton packaging. The debt-free purchase price was EUR 27 million.

“Huhtamaki has completed the acquisition of Jiangsu Hihio-Art Packaging Co. Ltd.’s assets.”lesprom.com

• 2 sources
• lesprom.comHuhtamaki completes acquisition of Jiangsu Hihio-Art Packaging in ChinaJun 11, 2021
• fancyco.comJiangsu haihuiwute packaging completed the project of selling the whole assets to Finland Pule groupJun 25, 2021

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