Flint Group continues its leadership position in the Packaging Inks segment with the opening of its new facility in the cosmopolitan district of Beylikduzu, in Istanbul, Turkey. This new 3800 square meter manufacturing and distribution facility is conveniently located only 13 kilometers from the main container terminal on the European side of Turkey and is well positioned for exports to surrounding markets in the Middle East. Kim Melander, VP Sales EMEA & Global Strategy Paper & Board, says this, “Flint Group’s Paper & Board business has been a local supplier in Turkey and the neighbouring regions since 2008 and our team has been satisfying customers’ requirements with state-of-the-art manufacturing capabilities and expert local service for nearly 10 years. This additional investment not only solidifies Flint Group’s dedication to the Turkish market, but also confirms our promise to grow together with its customers in this key emerging market.” Click Read More below for additional information.
Huhtamaki has acquired full ownership of its Polish joint venture company Huhtamaki Smith Anderson sp. z o.o. from Smith Anderson Group Ltd. (SA). The company manufactures and sells foodservice paper bags in Eastern Europe at Huhtamaki’s facility in Czeladz, Poland.
Paper bags have become an increasingly important part of Huhtamaki’s product offering and the acquisition enables the company to invest in and further grow the business in Eastern Europe. The purchase price for additional shares and related manufacturing equipment is approximately EUR 2 million. The business has been reported as part of the Foodservice Europe-Asia-Oceania business segment since beginning of operations in 2018.