Huhtamaki has acquired the assets and business of Pure-Stat Technologies, Inc., a privately owned company in the United States. The purchase price is approximately Euro 6 million and the acquired unit will become part of Huhtamaki's North America business segment as of July 1, 2015.

Packaging

Huhtamaki acquires Pure-Stat Technologies

Jul 02, 2015. /Lesprom Network/. Huhtamaki has acquired the assets and business of Pure-Stat Technologies, Inc., a privately owned company in the United States. The purchase price is approximately Euro 6 million and the acquired unit will become part of Huhtamaki's North America business segment as of July 1, 2015, as the company says in the press release received by Lesprom Network.

Pure-Stat's laminate is used as a component in a number of Huhtamaki's molded fiber products. The company employs 12 people in its manufacturing unit in Lewiston, Maine.

Huhtamaki is a global specialist in packaging for food and drink.