Tailored Packaging: Huhtamaki takes over majority stake of Tailored Packaging to expand its distribution network in Australia

Huhtamaki based in Espoo, Finland, has taken over most of the Tailored Packaging, an Australian foodservice packaging distribution and the wholesale group at the debt-free purchase price for 65% ownership of the joint venture of approximately EUR 35 million. Huhtamaki will reorganize the joint venture company as a subsidiary of the Group's financial reporting which [...]The post Huhtamaki takes over majority stake of Tailored Packaging to expand its distribution network in Australia appeared first on Plastics Insight.