Longstanding Gowling WLG client Huhtamaki has entered the folding carton packaging business in Europe following the €103m acquisition of Belfast-based Delta Print and Packaging (Delta) and its affiliated Polish unit.
Huhtamaki, headquartered in Finland and listed on NASDAQ, is a global specialist in packaging for food and drink with app. 16,000 employees across a network of 71 (now 73) manufacturing units and 23 sales offices in 34 countries. Delta will form part of Huhtamaki’s Foodservice Europe-Asia-Oceania business segment.
Delta is a privately held folding carton packaging manufacturer based in Belfast. Its affiliated Polish unit, European Packaging Solutions Poland Sp. Z o.o., has a new manufacturing unit in Gliwice, Poland.
Corporate partner Julian Henwood, co-chair of Gowling WLG’s Nordic Desk, led on the acquisition. He was supported by principal associate Amar Adatia and associate Laura Dick. The same team also worked with the Huhtamaki team on its 2013 €20m acquisition of BCP Fluted Packaging.
