# Walki Group completes acquisition of Westpak and Flexipack in Finland

Walki Group completed the acquisition of 100% of the shares of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers serving Nordic food brands. Combined 2021 sales were about EUR 40 million; the price was not disclosed.

- Type: Acquisition
- Announced: 2022-10-01
- Where: Säkylä and Vaasa, Finland
- Status: completed
- Products: flexible packaging, printed packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.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/news/walki-group-acquires-westpak-flexipack/), 2022-10-04: "Walki Group announces today that it has completed the acquisition of 100 % of the shares of Westpak Oy Ab and Flexipack Oy Ab."
- [westpak.fi](https://www.westpak.fi/en/news/westpak-is-now-walki-westpak/), 2023-03-17: "The merger between the Finnish flexible packaging materials manufacturer Westpak and the Finnish Walki Group manufacturer of sustainable materials for packaging applications was completed in October 2022, when Walki acquired Westpak."

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