Page 48 - Plastics News December 2020

Huhtamaki invests in fibre packaging ProAmpac acquires three Canadian private-
manufacturing plant based manufacturers
lexible packaging company ProAmpac has
uhtamaki, a key global provider of sustainable Fenhanced its manufacturing capabilities with the
Hpackaging solutions for consumers around the acquisitions of three private-based packaging
world, is investing for further growth in Russia. In order products manufacturers in Canada. The private
businesses are Rosenbloom Groupe, Hymopack and
to respond to the fast development of the retail
Dyne-A-Pak. Financial details of the transaction are
business and egg packaging industry in Eastern and not disclosed. ProAmpac CEO Greg Tucker said: “All of
Central parts of Russia, the company is setting up a new
fiber packaging manufacturing plant at its existing site
in Alabuga, Tatarstan. Preparatory work on the site is
under way and production of fiber packaging is
expected to begin during the first quarter of 2022.

us at ProAmpac have deep respect for the legacy and
long history of excellence of the Rosenbloom Group of
companies. “We are pleased to add this strong
business to our platforms, which enhances our
presence in Canada and allows us to broaden our
product offering in the US. “With the Rosenbloom,
Dyne-A-Pak and Hymopack brands as part of the
“Russia is one of our key growth markets,” says Eric Le
ProAmpac family, we will deliver even greater value
Lay, President for the newly integrated Fiber and
and services to our customers.” Rosenbloom Groupe,
Foodservice Europe-Asia-Oceania business segment. Hymopack and Dyne-A-Pak supply products including
“This additional capacity for molded fiber egg paper bags, plastic bags and can liners, and foam
packaging enables further profitable growth for us in packaging trays. The companies serve North American
Russia. The location in Alabuga, Tatarstan, allows us to retailers, grocery chains and quick service restaurants
better serve our customers operating in the fast- (QSR), wholesale distribution companies. With the
developing Central and Eastern parts of Russia,” he acquisition of Rosenbloom, ProAmpac now operates 35
continues. Huhtamaki entered the Russian market in sites globally with nearly 4,600 employees. It will
1980 to supply the Moscow Olympics with products serve more than 5,000 customers across 90 countries.
Following the deal, Rosenbloom Groupe's will continue
manufactured in Finland. Manufacturing operations in
to operate in Canada and will maintain its
Russia began in 1994 in Ivanteevka, near Moscow, manufacturing facilities. Rosenbloom Groupe Richard
where Huhtamaki currently manufactures both
Rosenbloom said: “The ProAmpac team has
foodservice and fiber packaging. The Alabuga unit in demonstrated an appreciation for our history and I
Tatarstan began operations in 2016, initially as a paper look forward to working collaboratively with Greg as
cup manufacturing site. In 2019 Huhtamaki's net sales we seamlessly bring our organisations together.
in Russia were EUR 108 million and the company
“Our capabilities are highly complementary with
currently employs approximately 700 people across
ProAmpac's operations, and I am confident this
the two manufacturing sites. In March this year,
combination will deliver compelling value to our
Huhtamaki revealed plans to integrate its two business
customers and exciting opportunities for our team.”
segments, Foodservice Europe-Asia-Oceania and Fibre Based in Cincinnati, ProAmpac manufactures flexible
Packaging as part of the company's renewed strategy to packaging specialising for consumer, healthcare, e-
obtain more growth opportunities. commerce, retail, and industrial goods markets.

DECEMBER 2020 48 Plastics News