Thursday, October 23, 2025
Industry NewsHuhtamaki to separate fiber foodservice business segment into two...

Huhtamaki to separate fiber foodservice business segment into two distinct segments

-

Huhtamaki to separate fiber foodservice business segment into two distinct segments

-

Huhtamaki is separating the Fiber Foodservice Europe-Asia-Oceania business segment into two distinct business segments, Fiber Packaging and Foodservice Europe-Asia-Oceania. The change is expected to take effect as of 1 April 2025, at the latest.

“We are separating our Fiber Foodservice business into two distinct business segments to empower our teams to serve our customers more efficiently. This strategic move positions us for profitable growth by giving accountability to the businesses and increasing speed of execution in a changing business landscape. It will support our goal of being the first choice in sustainable packaging,” says Ralf K Wunderlich, president and CEO of Huhtamaki.

The business segments were integrated in 2020. In external reporting the businesses have continued to be reported separately, and this change will not impact external reporting. Combining the businesses in 2020 has achieved the initially projected synergies and built foundations for growth by seizing promising market opportunities.

“By focusing again on their own areas of expertise, both segments can drive innovation more effectively. The segments will continue to work in close collaboration on development areas, including the important smooth molded fiber technology. This change will also ensure alignment with Huhtamaki’s strategic objectives as we can streamline processes and clarify responsibilities”, Ralf K. Wunderlich says.

Both segments will have their own presidents, who will be part of the Global Executive Team. Sara Engber (56) has been appointed President, Fiber Packaging and member of the Global Executive Team at Huhtamaki. Fredrik Davidsson will continue as a member of Global Executive Team as President, Foodservice Europe-Asia-Oceania.

Separation of the businesses is subject to finalizing potential statutory consultation requirements where applicable.

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Coca-Cola HBC to acquire Coca-Cola Beverages Africa

Coca-Cola HBC has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages...

Mondi and Südwestdeutsche Salzwerke strengthen collaboration in salt packaging

Mondi is strengthening its long-standing partnership with Südwestdeutsche Salzwerke, one of Europe’s top salt producers. Known for the iconic...

Heidelberg India signs MOU with Sri Kaliswari Group to launch MK Masterwork Demo and Training Center

On 15 October 2025, a Memorandum of Understanding was signed between Thomas Frank, managing director, Heidelberg Asia Pacific, and...

Asahi Photoproducts to host second AWP Environment Event at CIIE 2025 in Shanghai

Asahi Photoproducts, a leader in sustainable flexographic plate technology and a division of Asahi Kasei, will exhibit at the...
- Advertisement -spot_img

New president, vice-president, board members and re-elections at GRA

The Global Rotogravure Association (GRA) is pleased to announce the election of new officers and board members during its...

Amcor announces operational launch of new MDO line in Peru

Amcor, a global leader in developing and producing responsible packaging solutions, announced the installation and operational readiness of a...

Must read

UPM introduces heat sealable and recyclable barrier papers for dry and frozen foods

UPM Specialty Papers presents the latest innovative additions to...

ILLIG at Fachpack 2025

In line with the motto Peak Performance – Sustainable...

You might also likeRELATED
Recommended to you