Huhtamaki acquires full ownership of its paper bag joint venture in Poland

03 Jan 2022
Huhtamaki
www.huhtamaki.com/en/media/media/press-release/2...

Huhtamaki has acquired full ownership of its Polish joint venture company Huhtamaki Smith Anderson sp. z o.o. from Smith Anderson Group Ltd. (SA). The company manufactures and sells foodservice paper bags in Eastern Europe at Huhtamaki's facility in Czeladz, Poland.

Paper bags have become an increasingly important part of Huhtamaki’s product offering and the acquisition enables the company to invest in and further grow the business in Eastern Europe. The purchase price for additional shares and related manufacturing equipment is approximately EUR 2 million. The business has been reported as part of the Foodservice Europe-Asia-Oceania business segment since beginning of operations in 2018.

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Jo Webb
Company News
English
Created 03 Jan 2022
Modified 09 Mar 2022
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Huhtamaki acquires full ownership of its paper bag joint venture in Poland

See also

Huhtamaki Truly Cares When it Comes to Pets

Huhtamaki's Biscuit and Snack Packs Ensure Freshness and Portability

Huhtamaki delivers home compostable paper-based coffee capsules for Nespresso

Huhtamaki launches innovative, recyclable ice cream packaging solution in the US, made with 95% renewable biobased material

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New high-quality, sustainable paper straws

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Huhtamaki launches new compostable double wall cup

Huhtamaki

Huhtamaki unveils Adtone cup with digital content

Huhtamaki

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Huhtamaki supports Unilever’s Carte D’Or as it slashes...

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Huhtamaki and Elif – stronger together to accelerate s...

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"Where others see waste, we see a valuable resource" s...

Huhtamaki