# Rani Plast acquires Lithuanian packaging film maker Umaras

Finland's Ab Rani Plast Oy acquired Lithuanian packaging film manufacturer UAB Umaras, based in Utena. Umaras has 215 employees and annual turnover of about €40 million.

- Type: Acquisition
- Announced: 2024-10-14
- Where: Utena, Lithuania, Lithuania
- Status: completed
- Products: industrial packaging film
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Ab Rani Plast Oy](https://endata.com/companies/80419.md) (acquirer)
- [UAB Umaras](https://endata.com/companies/80420.md) (target)

## Sources

- [vz.lt](https://www.vz.lt/pramone/2024/10/14/utenos-pleveles-gamintoja-nupirko-suomijos-imone), 2024-10-14: "Suomijos bendrovė „Ab Rani Plast Oy“ įsigijo Lietuvos pakavimo plėvelės gamintoją UAB „Umaras“."

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