The transaction is part of Huhtamaki's plans to improve the quality as well as expand its product offering.
Following the acquisition, the BCP Fluted Packaging will be operating under the name Huhtamaki BCP and will be part of Huhtamaki's Foodservice Europe-Asia-Oceania business segment.
Huhtamäki Oyj CEO Jukka Moisio said, "We are pleased to continue strengthening our position with this targeted acquisition."
Huhtamäki Foodservice Europe-Asia-Oceania executive vice president Eric Le Lay said the company looks forward to serving BCP's existing and future customers in the confectionery and cosmetics industries.
"BCP's corrugated food-to-go products complement our existing range of foodservice products perfectly," Le Lay added.
Based in Blackburn, Lancashire in the UK, BCO had reported net sales of about €18m during financial year 2012-2013.
This breaking news is brought to you by Canadean, one of the leading global providers of consumer market intelligence. Canadean reports are available via The Industry Report Store, why why not take a look at our website to browse what's on offer.
Most Recommended Packaging Reports:
Request free sample pages or contact us now to arrange your free consultation for market research.
About Industry Report Store:
Industry Report Store is the most comprehensive online resource for market research reports, analysis, news and expert commentary on 40 industries in over 100 countries. Find over 150,000 global and country sector reports, consumer trend reports, company profiles and market guides, all available for online purchase.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own in-house expert teams and from carefully selected third-party publishers. We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Report Store delivers in-depth knowledge of local markets worldwide.
Industry Report Store is the most comprehensive online resource for market research reports, analysis, news and expert commentary on 40 industries in over 100 countries. Find over 150,000 global and country sector reports, consumer trend reports, company profiles and market guides, all available for online purchase.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own in-house expert teams and from carefully selected third-party publishers. We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Report Store delivers in-depth knowledge of local markets worldwide.
Press Contact:
Bianca Underhill
Marketing Executive
T:+44(0)20 7936 6830
M: reportinfo@industryreportstore.com
W: www.industryreportstore.com
No comments:
Post a Comment