Huhtamaki acquires a laminate manufacturer in the United States
Huhtamaki has acquired the assets and business of Pure-Stat Technologies, Inc., a privately owned company in the United States. Pure-Stat's laminate is used as a component in a number of Huhtamaki's molded fiber products. The company employs 12 people in its manufacturing unit in Lewiston, Maine.
The purchase price is approximately EUR 6 million and the acquired unit will become part of Huhtamaki's North America business segment as of July 1, 2015.