Huhtamäki considering films business divestment
As a result of Huhtamäki's growing strategic focus on food packaging it has decided to evaluate options regarding the group's films business.
Its films segment manufactures and sells films that are mainly used for technical applications in the label, adhesive tape, hygiene and healthcare industries, as well as building and construction, automotive, packaging and graphic arts industries.
The segment serves global markets from manufacturing units in Europe, Asia, North America and South America.
A potential outcome of this evaluation is divestment of the films business segment. The segment's net sales have grown well in 2014 and its financial performance is improving, Huhtamäki said.
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