20/05/2016

Delta Print And Packaging Sold For £80m

Delta Print and Packaging in Belfast has been sold for £80 million to Huhtamaki, a global specialist in packaging for food and drink.

The acquisition, which also includes Delta's production plant in Poland – European Packaging Solutions - will strengthen Huhtamaki's position within the foodservice packaging market in Europe.

Delta has experienced significant growth under private ownership since it was founded in 1981 and will now become part of Huhtamaki's Foodservice Europe-Asia-Oceania business segment.

The existing management team, which will remain unchanged, will report to Rosemary Mason, Managing Director Huhtamaki Foodservice Western Europe and UK.

Mrs Mason said: "To date, our product offering has focused on food-to-go packaging such as cups, lids, plates, bowls and cutlery for some of the leading food and foodservice brands in the world.

"The acquisition of Delta, which manufactures board products complementary to our own such as burger clam boxes, fry cartons and flat cartons for many different retail products, will allow Huhtamaki to enter the fast-growing folding carton business in Europe and strengthen our global customer partnerships."

"We recognise that the 290+ employees of Delta, and their experience, skills and knowledge of the industry, have been integral to the success the company has enjoyed over the last 30 years and we look forward to welcoming them on board and increasing the number of Huhtamaki employees in Northern Ireland."

(CD)

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