Industry News, Mergers and Acquisitions, Printers News

Huhtamaki to Acquire International Paper’s Foodservice Packaging Operations in China

Strengthens its position as the leading foodservice packaging provider in China.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Huhtamaki has entered into an agreement to acquire International Paper’s foodservice packaging operations in China.   With the acquisition Huhtamaki expands its manufacturing footprint into the Eastern China region and strengthens its capacity and capability to serve customers operating in Northern China.   “I am very pleased to announce this acquisition,” said Jukka Moisio, CEO of Huhtamäki Oyj. “It strengthens our operations in China significantly, both geographically and from a capacity p...

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