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Finland’s Huhtamaki wraps up acquisition of packaging firm Elif

Finland’s Huhtamaki wraps up acquisition of packaging firm Elif

Finnish packaging solutions provider Huhtamaki Oyj said it has completed the acquisition of Elif Holding for EUR 412m (USD 482.7m) after obtaining permission from the Turkish competition authority. With this purchase, which was inked in August, Huhtamaki reinforces its position as a leading flexible packaging company in emerging markets and strengthens its existing flexible packaging...