Huhtamaki is planning an additional $10 million expansion of its Hammond, Indiana operations, which make molded fiber drink carriers and egg filler trays.
Bunzl UK & Ireland and Huhtamaki agreed an exclusive deal for Bunzl to distribute Huhtamaki's Taste Boxes in the UK and Ireland, running until October 2025. The paper containers use a plant-protein Morro Coating developed by Xampla.
Huhtamaki Egypt received a Golden License from the Egyptian Cabinet to build a molded fiber packaging plant using recycled wastepaper in Sadat City, with EGP 1.47 billion investment and over 61 direct jobs. Operations are planned to start in August 2026.
Huhtamaki acquired Zellwin Farms, a privately owned molded fiber producer of egg cartons and egg flats in Zellwood, Florida, in a transaction with a USD 18 million enterprise value.
The Egyptian Cabinet granted Huhtamaki Egypt a Golden License for a new 21,700 sqm molded fiber packaging factory in Sadat City, Monufia Governorate, valued at about EGP 1.5 billion including EUR 24 million foreign investment. Production will include paper fruit trays, cup carriers and egg cartons.
Huhtamäki Oyj is expanding its fiber lid production capacity at its Lurgan site in Northern Ireland. The article provides few details beyond the headline.
On June 19, 2024 the 2M Group of Companies signed its first commercial agreement to exclusively supply Xampla's plastic-free Morro Coating to Huhtamaki for corrugate board foodservice containers, in a multi-year deal deployed at scale in on-the-go applications.
Miller Valentine Construction has begun a major expansion of Huhtamaki's folding carton plant in Paris, Texas, which will triple the 150,000-square-foot facility to 438,000 square feet. The project started in early November 2023.
Huhtamaki is investing approximately USD 30 million to expand its Paris, Texas facility, adding folding carton manufacturing capacity and consolidating an external warehouse. Production is expected to ramp up in Q1 2025, with up to 80 jobs planned.
Finnish packaging manufacturer Huhtamaki has acquired full ownership of its Australian joint venture Huhtamaki Tailored Packaging (HTP), a food-service packaging wholesaler and distributor with several distribution centres. No value was given.
Huhtamaki completed a €20 million expansion of its Nules, Spain packaging site in November 2022, doubling its capacity and expected to create about 130 new jobs.
Huhtamaki inaugurated a 12,500 m2 extension to its Nules, Spain factory for paper-based packaging, a EUR 20 million investment with a EUR 2.2 million regional grant, doubling site capacity and creating around 130 jobs; production starts January 2023.
Huhtamaki is selling its four Russian production sites, which employ 724 people, to Russian buyer Espetina Ltd for 151 million euros. Huhtamaki expects a profit of about 15 million euros in the third quarter of 2022.
Huhtamaki broke ground on a almost USD 100 million expansion of its molded fiber packaging plant in Hammond, Indiana, adjacent to its existing site, covering about 23,000 square meters and adding around 100 jobs. Ramp-up is expected toward the end of 2023.
Huhtamaki is switching its Alf, Germany site from plastics to smooth molded fiber packaging, adding capacity of up to 3.5 billion fiber products a year. The unit plans to replace more than 2,000 tons of plastic with fiber in 2022.
Huhtamaki acquired full ownership of its Polish joint venture Huhtamaki Smith Anderson from Smith Anderson Group. The company makes foodservice paper bags at its facility in Czeladz, Poland.
Huhtamaki signed two 10-year virtual power purchase agreements with BayWa r.e. covering about 80% of its European electricity use, totaling 200 GWh. The deal supports its goal of 100% renewable electricity by 2030.
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.
Finnish packaging firm Huhtamaki agreed to acquire Jiangsu Hihio-Art Packaging, a Chinese maker of paper bags and folding cartons, for a debt-free price of €27 million. The target's plant is in Xuzhou, Jiangsu, and the deal is expected to close by the end of Q3 2021.
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 acquire 70% of privately owned flexible packaging manufacturer Everest Flexibles in South Africa for an enterprise value of EUR 58 million, paid partly in cash and partly in shares.
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.
Huhtamaki agreed to acquire 70% of Everest Flexibles, a private flexible packaging manufacturer in Durban, South Africa, at an enterprise value of EUR 58 million. Sellers will hold 30% of Huhtamaki's South African activities through a joint venture; completion is subject to competition approval.
Huhtamaki agreed to acquire a 70% majority stake in privately owned flexible packaging maker Everest Flexibles in Durban, South Africa, at an enterprise value of EUR 58 million. Everest has annual net sales of about EUR 40 million and about 420 employees.
Huhtamaki and Gunwharf Quays in Portsmouth, UK partnered to recycle paper coffee cups using bins at the outlet centre, with cups recycled into new paper products.
Amcor and Huhtamaki are reportedly in preliminary talks with the promoters of Essel Propack to acquire a controlling stake in the Indian laminated tube maker. Morgan Stanley is handling the sale, according to unconfirmed reports.
NREP Logicenters awarded Finnish contractor YIT a contract to renovate about 2,700 m² and build a new 15,000 m² building at Huhtamaki's foodservice packaging facility in Hämeenlinna, Finland, with work running to December 2019.
Finnish packaging firm Huhtamaki acquired a 70% stake in Ennis-based paper cup maker CupPrint for EUR 22 million on a debt-free basis. The deal was reported on May 31, 2018.
Huhtamaki will make 19 million more compostable molded-fiber round plates a year at its Waterville, Maine factory to supply the Philadelphia and Baltimore school districts through the Urban School Food Alliance, raising its annual supply to 244 million. The deal was announced on Monday, February 12, 2018.
Huhtamaki North America selected Miller Valentine Construction to renovate about 942,000 SF of the old Ford Motor Company transmission plant in Batavia, Ohio, adding 44 dock doors, two parking lots and a 25,000 SF office area.
Finnish packaging group Huhtamaki will open a new paper cup production unit in Kyiv, Ukraine, producing a full range of cups for hot and cold drinks. Production is expected to start in 2018 and create about 50 jobs.
Huhtamaki is building a new 750,000 sq ft warehousing, distribution and manufacturing facility in Goodyear, Arizona, with investment exceeding $100 million and about 300 jobs. Verst Group Logistics will manage the operation under a long-term contract.