Thursday, October 2, 2025
Food PackagingHuhtamaki acquires full ownership of its food service distribution...

Huhtamaki acquires full ownership of its food service distribution joint venture in Australia

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Huhtamaki acquires full ownership of its food service distribution joint venture in Australia

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HTP employs more than 130 people and is today one of the largest importers and distributors of food service packaging in Australia

Huhtamaki has acquired full ownership of Huhtamaki Tailored Packaging (HTP), an Australian food service packaging distribution and wholesale group. HTP employs more than 130 people and is today one of the largest importers and distributors of food service packaging in Australia serving a wide network of customers including metropolitan and regional packaging wholesalers, food wholesalers, club and hospitality suppliers, and national quick service restaurant businesses.

Huhtamaki acquired a majority stake in the business in 2018 and held approximately 76% of the company prior to this transaction. The debt-free purchase price for the additional shares is approximately Eur 19 million. The business has been reported as part of the Foodservice Europe-Asia-Oceania business segment since the beginning of operations in 2018.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

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