Huhtamaki to separate Fiber Foodservice business segment into two distinct segments

Huhtamaki is separating the Fiber Foodservice Europe-Asia-Oceania business segment into two distinct business segments, Fiber Packaging and Foodservice Europe-Asia-Oceania. The change is expected to take effect as of April 1, 2025, at the latest.

“We are separating our Fiber Foodservice business into two distinct business segments to empower our teams to serve our customers more efficiently. This strategic move positions us for profitable growth by giving accountability to the businesses and increasing speed of execution in a changing business landscape. It will support our goal of being the first choice in sustainable packaging”, says Ralf K. Wunderlich, President and CEO of Huhtamaki.

The business segments were integrated in 2020. In external reporting the businesses have continued to be reported separately, and this change will not impact external reporting.​ Combining the businesses in 2020 has achieved the initially projected synergies and built foundations for growth by seizing promising market opportunities.
more at: https://www.huhtamaki.com/en/media/media/press-release/2025/huhtamaki-to-separate-fiber-foodservice-business-segment-into-two-distinct-segments-fiber-packaging-and-foodservice-europe-asia-oceania/

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