Huhtamaki has acquired full ownership of Huhtamaki Tailored Packaging (HTP), the Australian foodservice packaging distribution and wholesale group. Source: Timberbiz
HTP employs more than 130 people and is one of the largest importers and distributors of foodservice 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 business has been reported as part of the Foodservice Europe-Asia-Oceania business segment since the beginning of operations in 2018.
Huhtamaki is a leading global provider of sustainable packaging solutions for consumers around the world.