# Walki Group to acquire Finnish flexible packaging makers Westpak and Flexipack

Walki Group signed a definitive agreement to acquire 100% of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers with about EUR 40 million combined 2021 sales, subject to competition approval. The price was not disclosed.

- Type: Acquisition
- Announced: 2022-08-04
- Where: Säkylä and Vaasa, Finland, Finland
- Jobs: 100
- Status: announced
- Products: flexible packaging, printed packaging for food brands
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Walki Group](https://endata.com/companies/3129.md) (acquirer)
- [Westpak](https://endata.com/companies/9557.md) (target)
- [Flexipack](https://endata.com/companies/9558.md) (target)

## Sources

- [walki.com](https://www.walki.com/press-releases/walki-group-acquires-westpak-flexipack-finland/), 2022-08-04: "Walki Group has signed a definitive agreement to acquire 100 % of the shares in Westpak Oy Ab and Flexipack Oy Ab."
- [lesprom.com](https://www.lesprom.com/en/news/Walki_Group_to_acquire_Finnish_packing_producers_Westpak_and_Flexipack_104220/), 2022-08-16: "Walki Group has signed a definitive agreement to acquire 100% of the shares in Westpak Oy Ab and Flexipack Oy Ab."

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