Overview: Huhtamaki Oyj, commonly known as Huhtamaki, is a global leader in sustainable food packaging solutions. The company was founded in 1920 and is headquartered in Espoo, Finland.
Business Segments: Huhtamaki operates in three main business segments:
Food-on-the-Go: Packaging solutions for quick service restaurants, coffee shops, and vending operators.
Food-on-the-Shelf: Packaging for retail stores, including flexible packaging and labels for food and drink, pet food, pharmaceuticals, and household products.
Everyday Necessities: Packaging for household and hygiene brands, including egg cartons, fruit trays, and cup carriers.
Sustainability: Huhtamaki is committed to sustainability and aims to be the first choice in sustainable packaging solutions. The company focuses on circularity and addressing climate change challenges.
Global Presence: Huhtamaki operates in 37 countries with 103 locations worldwide. The company employs around 18,000 people.
Financials: In 2023, Huhtamaki reported net sales of EUR 4.2 billion. The company is listed on Nasdaq Helsinki Ltd under the ticker HUH1V.
Key People:
Pekka Ala-Pietilä: Chairman
Charles Héaulmé: CEO
Thomas Geust: CFO
History: Originally established as a confectionery manufacturer, Huhtamaki evolved into an industrial conglomerate before focusing solely on packaging in 1988. The company has since acquired several packaging companies and divested non-core businesses.
Products: Huhtamaki's product range includes paper and plastic disposable tableware, such as cups, plates, and containers, as well as coated paper cups for fast food chains like Burger King.
Headquarters: Espoo, Finland
Website: