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Huhtamaki has completed the acquisition of the remaining shares of its Brazilian joint venture Laminor S.A., a tube laminate maker, for approximately EUR 30 million. The business is consolidated from April 1, 2020.
Huhtamaki agreed to buy the remaining shares of its Brazilian joint venture Laminor S.A., a tube laminate maker, for about EUR 30 million. Closing is expected in Q1 2020 subject to Brazilian approval.