Huhtamäki Oyj

Huhtamäki Oyj

Huhtamäki Oyj

Date Founded



Revontulenkuja 1,Espoo, Uusimaa 02100

Type of Company


Employees (Worldwide)



Paper Products
Industrial Machinery & Manufacturing
Wholesale: Consumer Non-Durables/Sundries
Plastics & Synthetics

Company Description

Huhtamäki Oyj engages in the manufacture of consumer and specialty packaging for food and beverages. It operates through the following segments: Foodservice Packaging, Flexible Packaging, and Fiber Packaging. The Foodservice Packaging segment supplies paper and plastic disposable tableware to foodservice operators, fast food restaurants, and coffee shops. The Flexible Packaging segment produces flexible packaging materials, pouches, and labels for food, pet food, household, hygiene, and pharmaceutical products. The Fiber Packaging segment uses recycled fiber to produce egg cartons, fruit trays, bottle dividers, and cup carriers. The company was founded by Heikki Huhtamäki in 1920 and is headquartered in Espoo, Finland.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer

Senior Vice President, Corporate Affairs & Legal, Group General Counsel

President-European Paper Packaging Alliance

President-North America

Member, Group Executive Team

Executive Vice President-Strategy & Business Development

Executive Vice President, IT & Process Performance

Executive Vice President-Sustainability & Communications

Senior Vice President, Total Productive Manufacturing

Board of Directors

Chairman-Steering Group for Public Sector at Finland Ministry of Finance

Senior Advisor at DevCo Partners Oy

Former Managing Director at Lever Pond's (Pty) Ltd.

Former Senior Vice President & Corporate Controller at Nokia Corporation

Former President at Amcor Pty Ltd.

Executive Director at Greene King Ltd.

Chief Executive Officer at Rexam Beverage Can Co.

Paths to Huhtamäki Oyj
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Huhtamäki Oyj
Owners & Shareholders
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Finnish Cultural Foundation is a prudent, long-term manager which aims to establish long-term positions in order to guarantee a steady cash flow from investments. The Board of Trustees administers the Foundation’s assets. The Finance Committee, elected by the Board from among its members, meets regularly and makes investment decisions. The Foundation makes investment decisions based on an investment policy which sets out how their capital should be invested across different types of securities. The funds used for the Foundation’s grants come from dividends, interest and similar sources of revenues. They reinvest capital gains.

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Lannebo is an active, long-term, and risk-aware manager which aims to create the best return possible for their clients at a reasonable risk by investing in global equity and debt across market-caps, with the bulk of their assets invested in Swedish equity. The firm selects stocks based on fundamental analysis and valuation. They specialize in small-caps and perform in-depth analysis at the company level, maintaining close contact with the management of their portfolio companies. They seek to invest in companies with sustainable business models that are well positioned for the future. Lannebo Fonder does not invest in companies involved in the production or development of inhumane weapons such as: cluster bombs, nuclear weapons, and land mines.

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Ilmarinen is an active, profit-oriented investor which manages an investment portfolio that has been diversified both geographically and across a wide variety of asset classes, such as equities and shares, fixed income investments and real estate with a focus on Finnish securities. The firm typically establishes information about the investment allocation and the return on investments on a quarterly basis. Ilmarinen generally aims to select companies with good growth potential in which they take long-term positions. They support investment decisions with information obtained through their active ownership policy, which encourages fund managers to participate in shareholders' meetings, make full use of voting rights and keep in contact with the management of investees.

Recent Transactions
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Huhtamäki Oyj purchases Laminor SA from Bemis do Brasil Industria e Comercio de Embalagens Ltda.

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Huhtamäki Oyj, Huhtamaki India Ltd. purchase Ajanta Packaging Pvt. Ltd.

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Huhtamäki Oyj purchases Tailored Packaging Pty. Ltd.

Transaction Advisors
Legal Advisor

Advised onCorbion NV purchases Leaf Group from Huhtamäki Oyj

Investment Advisor

Advised onDeutsche Beteiligungs AG /Private Equity purchases Huhtamaki Films Germany GmbH & Co. KG from Huhtamäki Oyj

Investment Advisor

Advised onHuhtamäki Oyj purchases Koninklijke Packaging Industries Van Leer NV


Advised onDeutsche Beteiligungs AG /Private Equity purchases Huhtamaki Films Germany GmbH & Co. KG from Huhtamäki Oyj


Advised onDeutsche Beteiligungs AG /Private Equity purchases Huhtamaki Films Germany GmbH & Co. KG from Huhtamäki Oyj

Legal Advisor

Advised onDeutsche Beteiligungs AG /Private Equity purchases Huhtamaki Films Germany GmbH & Co. KG from Huhtamäki Oyj

Advisors & Consultants
Legal Advisor

National Partner at Dechert LLP


Professional at Ernst & Young Oy


Professional at KPMG Oy AB


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Walmart, Inc. engages in retail and wholesale business. The Company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam's Club. The Walmart U.S. segment operates as a merchandiser of consumer products, operating under the Walmart, Wal-Mart, and Walmart Neighborhood Market brands, as well as and other eCommerce brands. The Walmart International segment manages supercenters, supermarkets, hypermarkets, warehouse clubs, and cash and carry outside of the United States. The Sam's Club segment comprises membership-only warehouse clubs and The company was founded by Samuel Moore Walton and James Lawrence Walton in 1945 and is headquartered in Bentonville, AR.

Key Stats and Financials As of 2020
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Arabian Paper Products Co. engages in the provision of consumer and specialty packaging activities. It manufactures paper cups and plastic lids. The company was founded in 1985 and is headquartered in Al Khobar, Saudi Arabia.

Synthos SA Plastics & Synthetics | Oswiecim, Poland

Synthos SA engages in the manufacturing of chemical raw materials, rubber, and polystyrene for foaming applications. The company was founded on September 1, 1945 and is headquartered in Oswiecim, Poland.

Cosmo Films Ltd. Industrial Machinery & Manufacturing | New Delhi, India

Cosmo Films Ltd. is a holding company, which engages in the production of packaging films. The firm's products include bi-axially oriented polypropylene, coated, synthetic, and thermal laminating films. Its products are used for food and industrial packaging and labels. It operates through the Packaging Films and Others segments. The company was founded on October 17, 1976 and is headquartered in New Delhi, India.

American Software Inc. Computer Software | Atlanta, GA

American Software (NASDAQ: AMSWA) provides demand-driven supply chain management and enterprise software solutions backed by more than 40 years of industry experience that drive value for companies regardless of market conditions. American Software, Inc. (American Software) develops, markets and supports a portfolio of software and services that deliver enterprise management and collaborative supply chain solutions to the global marketplace. The Company's software and services are designed to bring business value to enterprises by supporting their operations over intranets, extranets, client/servers or the Internet. It provides software solutions through three business segments, which are broken down into four product and service groups. The three business segments include Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting

Koch Industries, Inc. Chemicals - Wichita, KS

Koch Industries, Inc. began as Wood River Oil and Refining Co. in 1940. The company is based in Wichita, Kansas and is one of the largest private companies in America. Its major industries include refining, chemicals & biofuels, process & pollution control equipment and technologies, minerals, fertilizers, polymers & fibers, commodity trading & service, forest & consumer products, and ranching.Koch companies have supported education and social progress. These philanthropic efforts include support for educational institutions, foundations and programs that study and promote market-based solutions to societal challenge. Koch also works to protect, conserve and enhance natural resources; Koch companies around the world have earned awards for safety, environmental excellence, community stewardship, innovation and customer service since January 2009.

WestRock Co. Paper Products - Atlanta, GA

WestRock Co. engages in the provision of paper and packaging solutions. It operates through the following segments: Corrugated Packaging, Consumer Packaging, and Land and Development. The Corrugated Packaging segment consists of its containerboard mill and corrugated packaging operations, as well as recycling operations. The Consumer Packaging segment includes consumer mills, folding carton, beverage, merchandising displays, and partition operations. The Land and Development segment sells real estate primarily in the Charleston, South Carolina region.

Sealed Air Corp. Plastics & Synthetics - Charlotte, NC

Sealed Air Corp. engages in the provision of food safety and security, facility hygiene, and product protection services. It operates through the Food and Protective segments. The Food segment serves the perishable food processors in fresh red meat, smoked and processed meat, poultry, seafood, plant-based, and dairy markets. The Protective segment offers packaging solutions that are utilized across global markets and are valuable to e-Commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing. The company was founded by Alfred W. Fielding and Marc Chavannes in 1960 and is headquartered in Charlotte, NC.

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