Plasticker-News

Anzeige

Published: 2020-01-06 um 13:02 Uhr Options:   

Huhtamaki to acquire full ownership of its Brazilian joint venture company Laminor

Huhtamaki has recently agreed to acquire full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly for oral care applications, and was set up in 2002 as a 50/50 joint venture together with Bemis Company, which is now part of Amcor.

The acquisition enables Huhtamaki to expand its tube laminate business, an important part of the Group’s flexible packaging offering. Laminor has approximately 130 employees and its net sales in 2018 were approximately Euro 25 million. Following the acquisition Laminor will be consolidated as a subsidiary in the Group’s financial reporting and reported as part of the Flexible Packaging business segment. The additional shares are acquired at a price of approximately Euro 30 million.

Advert

The transaction is subject to the approval of competition authorities in Brazil and it is expected to be closed during the first quarter in 2020.

More information: www.huhtamaki.com

Huhtamaki Oyj, Espoo, Finland

Anzeige



Premium-Partner
Trade representatives & agencies
If you seek trade representatives or agencies at home and abroad, or would like yourself to offer trade representation, then you will find the optimum area for it here.

6 offers from companies
0 offers from trade representatives

Insert own entries free of charge

Latest Top-News
Current material prices
Average prices of offers
in the material exchange
PA 6 Pellets [€/kg]
Latest entries in the buyers guide

3DPS Censor GmbH
6055 Alpnach, Switzerland

AarCotec AG
5502 Hunzenschwil, Switzerland

MB-Spritzgusstechnik GmbH
87616 Marktoberdorf, Germany

Polyarn bv
6824HP Arnhem, Netherlands

B&B Rohstoffhandel GmbH
99958 Gräfentonna, Germany

Enter the buyers guide