Huhtamaki has acquired 51 per cent of Val Pack Solutions Private Limited, a privately held paper cup manufacturer based in Mumbai. With this acquisition, Huhtamaki has entered the growing foodservice packaging market in India, where many of its key customers are already present.
"I am...
Huhtamaki, Finnish manufacturer of consumer and specialty packaging, has acquired Mumbai-based flexible packaging firm Positive Packaging for Rs 2,008 crore ($ 336 million), according to a PTI report.
Positive Packaging has nine manufacturing facilities across the country and the United...