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Huhtamäki buying Brazil's Prisma Pack

from European Plastics News

Flexible packaging company Huhtamäki Oyj has an agreement to buy Brazilian hygienic films manufacturer Prisma Pack Indústria de Filmes Técnicos e Embalagens. Espoo-based Huhtamäki said August 12 that it will pay €20 million euros for Prisma Pack. "With Prisma Pack we gain a strong position in hygienic films in the fast growing Brazilian market and improve our ability to serve our global customers in South America," said CEO Jukka Moisio, in a news release. more

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