Tag: carton packaging

Huhtamaki to buy Jiangsu Hihio-Art Packaging assets

Huhtamaki has agreed to buy assets of China-based Jiangsu Hihio-Art Packaging in a €27 million debt-free transaction. Jiangsu Hihio-Art manufactures paper bags, wraps and folding carton packaging for international quick-service restaurants and national bakery chains. The acquisition will...