Huhtamaki acquires a laminate manufacturer in the United States
HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 2.7.2015 AT 08:30
Huhtamaki acquires a laminate manufacturer in the United States
Huhtamaki has acquired the assets and business of Pure-Stat Technologies, Inc., a privately owned company in the United States. Pure-Stat's laminate is used as a component in a number of Huhtamaki's molded fiber products. The company employs 12 people in its manufacturing unit in Lewiston, Maine.
The purchase price is approximately EUR 6 million and the acquired unit will become part of Huhtamaki's North America business segment as of July 1, 2015.
For further information, please contact:
Katariina Hietaranta, Head of Group Communications and IR, tel. +358 10 686 7863
Kaisa Uurasmaa, Manager, Investor Relations, tel. +358 10 686 781
HUHTAMÄKI OYJ
Group Communications
Huhtamaki is a global specialist in packaging for food and drink. With our network of 69 manufacturing units and 23 sales offices in 34 countries, we're well placed to support our customers' growth wherever they operate. Mastering three distinctive packaging technologies, approximately 16,000 employees develop and make packaging that helps great products reach more people, more easily. In 2014 our net sales totaled EUR 2.2 billion. The Group has its head office in Espoo, Finland and the parent company Huhtamäki Oyj is listed on NASDAQ OMX Helsinki Ltd. Additional information is available at www.huhtamaki.com.