M&A Deal Summary

Huhtamaki Acquires Butterworth Paper Cups Sdn. Bhd

On March 13, 2015, Huhtamaki acquired packaging company Butterworth Paper Cups Sdn. Bhd for 8M EUR

Acquisition Highlights
  • This is Huhtamaki’s 9th transaction in the Packaging sector.
  • This is Huhtamaki’s 9th largest (disclosed) transaction.
  • This is Huhtamaki’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2015-03-13
Target Butterworth Paper Cups Sdn. Bhd
Sector Packaging
Buyer(s) Huhtamaki
Deal Type Add-on Acquisition
Deal Value 8M EUR

Target

Butterworth Paper Cups Sdn. Bhd

Nibong Tebal, Malaysia
Butterworth Paper Cups Sdn. Bhd is a paper cup and foodservice packaging manufacturer.

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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 9 of 15
Sector: Packaging M&A 9 of 15
Type: Add-on Acquisition M&A Deals 8 of 13
Country: Malaysia M&A 1 of 1
Year: 2015 M&A 2 of 4
Size (of disclosed) 9 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-30 Positive Packaging Industries

Mumbai, India

Positive Packaging Industries Ltd. is a flexible packaging company with nine manufacturing facilities in India and the United Arab Emirates as well as significant business in Africa and other export markets.

Buy $336M
FOLLOWING 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