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Huhtamaki acquires flexible packaging supplier Elif for GBP 350M
Huhtamaki is acquiring Elif, a Turkey and Egypt based supplier of sustainable flexible packaging, for GBP 350 million, expanding its flexible packaging footprint into Turkey.
Value
$483.0M (350.0M GBP)
Capacity
net sales approximately EUR 163 million in 2020
Productssustainable flexible packagingrecyclable and compostable films
“Huhtamaki reinforces its leadership position in emerging markets with the acquisition of Elif, a major supplier of sustainable flexible packaging to global FMGC brand owners.”packagingnews.co.uk
- 4 sources
- packagingnews.co.ukHuhtamaki acquires flexible packaging supplier Elif for £350mAug 16, 2021
- packagingnews.co.ukMergers & acquisitions :: Packaging News | Page 11 of 59Sep 15, 2021
- globenewswire.comHuhtamaki completes the acquisition of Elif, a majorSep 23, 2021
- yumda.comFlexible packaging - News ⇒ yumda.comOct 25, 2022
Summarized from public sources; check the original articles before acting on it.
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