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Huhtamaki will acquire Brazilian hygienic films manufacturer

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发表于 2011-8-15 16:37:56 | 显示全部楼层 |阅读模式

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Huhtamaki will acquire Brazilian hygienic films manufacturer
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Espoo, Finland - Huhtamaki has entered into an agreement to acquire the Brazilian hygienic films manufacturer Prisma Pack Indústria de Filmes Técnicos e Embalagens Ltda. Prisma Pack is currently privately owned and is a market leader in hygienic films in Brazil. Prisma Pack’s net sales in 2010 were approximately EUR 40 million. The company has a strong track record of sales growth since its beginning in 2003. The company employs approximately 200 people. Huhtamaki’s Brazilian subsidiary will acquire all the quotas of Prisma Pack for a debt free purchase price of EUR 20 million (BRL 47 million). The acquisition is expected to be completed by the end of the month.
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