Huhtamaki – Confectionary trademark portfolio sold

FINLAND • The manufacturer of packaging for food and beverage applications has sold its confectionary trademark portfolio to Highlander Partners, a US based investment firm.

Related to the sale, an after taxes gain of approximately USD 16 million will be booked as an item affecting comparability (IAC) during the second quarter of 2018. The sold trademark portfolio was related to Huhtamaki’s confectionary business divested in 1996.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also be interested in: