M&A Deal Summary

Huhtamaki Acquires FIOMO a.s.

On December 23, 2015, Huhtamaki acquired packaging company FIOMO a.s. for 28M EUR

Acquisition Highlights
  • This is Huhtamaki’s 11th transaction in the Packaging sector.
  • This is Huhtamaki’s 3rd largest (disclosed) transaction.
  • This is Huhtamaki’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2015-12-23
Target FIOMO a.s.
Sector Packaging
Buyer(s) Huhtamaki
Deal Type Add-on Acquisition
Deal Value 28M EUR

Target

FIOMO a.s.

Prague, Czech Republic
FIOMO a.s. is a manufacturer of flexible packaging foils and labels. FIOMO was formed in 1992 and is based in Prague, Czech Republic.

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Buyer(S) 1

Buyer

Huhtamaki

Espoo, Finland

Category Company
Founded 1920
Sector Packaging
Employees17,868
Revenue 4.2B EUR (2023)
DESCRIPTION

Huhtamaki is a manufacturer of consumer and specialty packaging. Huhtamaki was founded in 1920 and is based in Espoo, Finland.


DEAL STATS #
Overall 11 of 14
Sector (Packaging) 11 of 14
Type (Add-on Acquisition) 10 of 12
Country (Czech Republic) 1 of 1
Year (2015) 4 of 4
Size (of disclosed) 3 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 Pure-Stat Technologies

Lewiston, Maine, United States

Pure-Stat Technologies, Inc. is a laminate manufacturer. Pure-Stat manufactures packaging materials for the electronics, semi-conductor, medical and food industries.

Buy €6M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-19 Delta Packaging

Belfast, United Kingdom

Delta Packaging Ltd. is a folding carton packaging manufacturer for the UK and European foodservice, packaged food and retail markets.

Buy €103M