Fortune MNC 500 India 2026 edition
Rank#259- Total income
- ₹2,568 Cr
- Profit
- ₹88 Cr
Last year #221
Please enter your name.
Please enter a valid email address.
Please select an issue type.
Please add a few details about the issue.
About Huhtamaki
Huhtamaki is a publicly listed company based in Espoo (Finland) founded in 1920. Consumer and food packaging products are manufactured globally. The company has 17,790 employees. Huhtamaki has completed 13 acquisitions, including Ajanta Packaging, Custom Printed Paper Cups and Deltapack. Its website huhtamaki.com draws about 79 thousand monthly visits. Huhtamaki offers products and services including ProDairy Cups and Fiber-based Egg Cartons. Its focus areas include Food and Agriculture, Food Packaging and Diversified. Its legal entity is Huhtamäki Oyj.
Company details
Huhtamaki was founded in 1920 and is headquartered in Espoo, Finland. Operations are focused on the packaging sector, where consumer and food packaging products are produced for various markets. Services include the development and supply of sustainable packaging solutions, with facilities distributed across multiple countries to support international distribution and customization needs.
Huhtamaki is ranked #259 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Huhtamaki
- Headquarters Espoo, Finland
- Employees 17,790
- Stage Public
- SectorsConsumer
- Website huhtamaki.com
- Social LinkedIn X YouTube
- Legal Name Huhtamaki Oyj
Operational Areas
Key Metrics
- Annual Revenue$4.65 B (USD)-4.03as on Dec 31, 2025
- Net Profit$225.37 M (USD)-14.41as on Dec 31, 2025
- EBITDA$704.77 M (USD)0.91as on Dec 31, 2025
- Latest Funding Round$111.5K (USD), Grant
Jan 2023
- InvestorsIN.gov
& 3 more
- Employee Count17,790
- Investments & AcquisitionsAjanta Packaging
& 12 more
Associated legal entities of Huhtamaki
Huhtamaki is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Huhtamaki Foodservice Packaging India Private Limited CIN U21098MH2012PTC234162 | Active | 06 Aug 2012 | Bhiwandi, Maharashtra | ₹43.6 Cr | 45 | 4 | View details |
| Huhtamaki India Limited Listed CIN L21011MH1950FLC145537 | Active | 12 Jun 1950 | Thane, Maharashtra | ₹2,506 Cr | 2,582 | 9 | View details |
Products & Services of Huhtamaki
Huhtamaki offers a comprehensive portfolio of products and services, including ProDairy Cups and Fiber-based Egg Cartons.
ProDairy Cups
Food Packaging
Recyclable cups that reduce plastic content for dairy products.
Fiber-based Egg Cartons
Packaging
Cartons made from recycled materials for egg protection.
Apps and channels of Huhtamaki
its YouTube channel Huhtamaki - Sustainable packaging solutions has 2.62K subscribers and 30 videos.
Huhtamaki - Sustainable packaging solutions
Open channelVideos from Huhtamaki
The most watched videos on Huhtamaki's YouTube channel, Huhtamaki - Sustainable packaging solutions (2.62K subscribers). Click a video to play it here.
State-of-the-art, high precision technology - Huhtamaki Fiber Solutions - The Future Redesigned
Look closely, the solutions are here, at our fingertips - Huhtamaki Fiber Solutions
Is it true that single-use is always the wrong choice for the environment? The Future Redesigned
Combining fiber with high-precision technology: Huhtamaki Fiber Solutions - The Future Redesigned
Funding Insights of Huhtamaki
- Total Rounds 4
- Last Round Grant — $111,499
- First Round $465,181
(Jul 2014)
- Investors Count 4
All 4 funding rounds of Huhtamaki with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $111,499 | Grant | – | – | |
| Jul 2021 | $236,194 | Grant | – | – | |
| Oct 2020 | $10,000 | Grant | – | – | |
| Jul 2014 | $465,181 | Grant | – | – | – |
Valuation history
4 investors in total: 4 institutional.
Investors in Huhtamaki
Huhtamaki has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include IN.gov, Portál veřejné správy and Ministry of Economy, Finance and Industrial and Digital Sovereignty.
All
Institutional
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A digital platform for public administration services in Czech Republic. | gov.cz | Czech Republic | ||
| economie.gouv.fr | ||||
Multi-category news is delivered via an online government platform. | 1971 | in.gov | United States | |
| conexusindiana.com |
Premium access
Investor details for Huhtamaki
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Huhtamaki
The boards of the 2 registered companies of Huhtamaki currently have 11 directors; the longest-serving is Murali Sivaraman, appointed in 2019. 58 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murali Sivaraman DIN 01461231 | Director | 01 Jan 2019 | 7 yrs 10 mo | Huhtamaki India Limited |
| Leena Tellervo Kuusikoski DIN 08397147 | Director | 14 Jun 2019 | 7 yrs 4 mo | Huhtamaki Foodservice Packaging India Private Limited |
| Seema Modi Jayesh DIN 05327073 | Director | 01 Jan 2020 | 6 yrs 10 mo | Huhtamaki India Limited |
| Ashok Kumar Barat DIN 00492930 | Director | 01 Apr 2020 | 6 yrs 7 mo | Huhtamaki India Limited |
| Rahul Vasant Kanade DIN 09147772 | Director | 21 Apr 2021 | 5 yrs 6 mo | Huhtamaki Foodservice Packaging India Private Limited |
| Meenakshi Deepak Sapru DIN 10591530 | Director | 20 Jun 2024 | 2 yrs 4 mo | Huhtamaki Foodservice Packaging India Private Limited |
| Axel Glade DIN 10780455 | Additional Director | 15 Oct 2025 | 1 yr | Huhtamaki India Limited |
| Thomas Geust DIN 07108367 | Additional Director | 14 Nov 2025 | 11 mo | Huhtamaki India Limited |
| Kamal Taneja DIN 08063619 | Managing Director | 16 Jan 2026 | 9 mo | Huhtamaki India Limited |
| Vinit Mahadevan DIN 11588535 | Whole-Time Director | 18 Mar 2026 | 7 mo | Huhtamaki India Limited |
| Ramya Mohan DIN 11593706 | Whole-Time Director | 18 Mar 2026 | 7 mo | Huhtamaki India Limited |
People of Huhtamaki
136 people are tracked at Huhtamaki (64 in leadership, 8 in board & advisors, 64 in team); the tracked headcount is 17,790.
| Name | Role | Group |
|---|---|---|
Junhui Wang | Head Of Data Platforms & Analytics | Leadership |
Eeva Maki-Uuro | VP Business Programs | Leadership |
Michael Dehlic, SPHR | Head of HR Operations, Americas | Leadership |
James Stewart, PMP | North America Head of World Class Operations | Leadership |
| President Flexible Packaging | Leadership | |
Lars Vierkotten | Senior Sales Director Export Flexible Packaging | Leadership |
| CFO And Member Of The Group Executive Team | Leadership | |
Lauramaija Järvenpää | VP Human Resources, Flexible Packaging | Leadership |
Taina Makkonen | Vice President, Human Resources | Leadership |
Amy Peterson | Vice President Human Resources, North America | Leadership |
Ismo Tanskanen | Vice President, People Processes And Systems | Leadership |
Hellen Feekes | VP People And Organization Development And HR Business Partner Fiber | Leadership |
Michael Hoffmann | Vice President Sustainability & Communications | Leadership |
Dr. Paul Collins | VP Sustainabilty, Product, Technologies, Operations | Leadership |
Johan Rabe | Executive Vice President, Digital And Process Performance | Leadership |
Lauri Veltheim | Head Of Business Control, Fiber Foodservices EAO | Leadership |
Jonas Lindh | Head Of Global Marketing & Strategic Business Development | Leadership |
Antoine Hauguel | Global Vice President Strategic Planning And Transformation | Leadership |
Mauri Suomela | Senior Vice President Foodservice Packaging APAC | Leadership |
Hanna Vuorela | Vp, Nordics And Eastern Europe, Foodservice (interim) | Leadership |
116 more people are available in the full profile.
Premium access
Complete people profiles for Huhtamaki
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Huhtamaki
Huhtamaki is a publicly listed company on the OMXHEX with ticker symbol HUH1V in Finland, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Oct 2004
- Listed onNSE: PAPERPROD
- Listed entityHuhtamaki Oyj
- Exchange sectorProcess industries
- ISINFI0009000459
- Share price27.26 EUR (+0.89% on the day) · 2026-10-14
- Market capitalisation2,819,933,426.00 EUR
- Price to earnings13.8
- EPS (diluted, trailing year)1.98 EUR
- Dividend yield4.22%
- Volume (last session)29,162
Financials of Huhtamaki
Figures of Huhtamaki Foodservice Packaging India Private Limited, the primary company behind Huhtamaki, for FY 2025. Revenue was ₹43.57 Cr (-4% year on year). Net loss was -₹3.70 Cr (-8% margin). EBITDA was -₹73.5 Lakh (-2% margin). Revenue has grown at a compounded annual rate of +25% over three years and +14% over five years.
- ₹43.57 CrRevenue · FY 2025 · -4% YoY
- -₹3.70 CrNet loss · -8% margin
- -₹73.5 LakhEBITDA · -2% margin
- ₹65.93 CrPaid-up capital
- 45Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Exchange-reported annual figures
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 3.96B EUR | 191.8M EUR | 599.8M EUR |
| 2024 | 4.13B EUR | 224.1M EUR | 594.4M EUR |
| 2023 | 4.17B EUR | 206.3M EUR | 598.0M EUR |
| 2022 | 4.48B EUR | 276.2M EUR | 568.0M EUR |
| 2021 | 3.57B EUR | 198.8M EUR | 447.9M EUR |
Balance sheet, profit and loss, cash flow and ratios of Huhtamaki Foodservice Packaging India Private Limited are on its company page.
Premium access
Detailed financial statements for Huhtamaki
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Huhtamaki
Huhtamaki has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Ajanta Packaging, Custom Printed Paper Cups and Deltapack.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of eco-friendly molded fiber egg cartons and flats | zellwin.com | 0 | Apr 2025 | $18M | ||
Packaging services are provided by Elif in Istanbul, Turkey. | elif.com | Istanbul, Turkey | 1972 | Aug 2021 | $488.27M | |
Paper-based packaging for food products is manufactured in China. | hihioart.com | Xuzhou, China | 2004 | Apr 2021 | •••• | |
Provider of aluminium mining services | laminor.com.br | 0 | Apr 2020 | •••• | ||
Oral care products are distributed through an internet-first brand. | laminorbrasil.com.br | Brazil | 2003 | Jan 2020 | •••• | |
Limited information available | mmpolytech.com | Chennai, India | 2010 | Sep 2019 | $10.94M | |
Provider of printed paper cup products manufacturing services | cupprint.com | Ladbergen, Germany | 2009 | May 2018 | $25.54M | |
Tailored packaging for food and drinking products is manufactured. | tailoredpackaging.com.au | Adelaide, Australia | 1980 | Apr 2018 | $42.44M | |
Pressure-sensitive labels for packaging are manufactured and supplied. | ajantapackaging.com | Mumbai, India | 2000 | Mar 2018 | $15.5M | |
| valpack.in | India | 0 | Jul 2016 | $2.2M |
Premium access
Complete acquisition details for Huhtamaki
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Huhtamaki
14 dated milestones of Huhtamaki across 105 years, from founding to its latest funding, stage changes and deals.
- Founded Huhtamaki is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $465K.
- Acquisition Acquires Valpack.
- Acquisition Acquires Ajanta Packaging.
- Acquisition Acquires Huhtamaki Tailored Packaging.
- Acquisition Acquires Custom Printed Paper Cups.
- Acquisition Acquires MM Polytech.
- Acquisition Acquires Laminor Brasil.
- Acquisition Acquires Laminor.
- Acquisition Acquires Hihio-Art.
- Acquisition Acquires Elif.
- Funding Latest funding round, Grant, of $111K.
- Acquisition Acquires Zellwin.
Web traffic of Huhtamaki
The website of Huhtamaki (huhtamaki.com) receives about 78.8K visits a month.
- Monthly visits78.8K
▼ 4.7% vs previous month
Similar websites
Websites whose visitors overlap most with Huhtamaki. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ahlstrom.com | 100% | 41.6K | #773,934 | View details | |
| amcor.com | 99% | 242.8K | #187,800 | View details | |
| graphicpkg.com | 79% | 104.7K | #338,011 | View details | |
| sonoco.com | 73% | 141.3K | #283,851 | View details | |
| proampac.com | 72% | 30.3K | #920,809 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
Premium access
All 40 similar websites and full traffic analytics for Huhtamaki
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Upgrade to premium
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Huhtamaki
Premium access
Complete news archive for Huhtamaki
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Huhtamaki
Huhtamaki was founded in 1920 and raised its 1st funding round 94 years after it was founded.
Huhtamaki is headquartered in Espoo, Finland.
Huhtamaki has 17,790 employees.
Annual revenue of Huhtamaki is $4.65B as on Dec 31, 2025.
Huhtamaki was founded in 1920 and is headquartered in Espoo, Finland. Operations are focused on the packaging sector, where consumer and food packaging products are produced for various markets. Services include the development and supply of sustainable packaging solutions, with facilities distributed across multiple countries to support international distribution and customization needs.
Huhtamaki offers ProDairy Cups and Fiber-based Egg Cartons.
Yes, Huhtamaki is publicly traded on OMXHEX under the ticker symbol HUH1V.
Huhtamaki has made 13 acquisitions, including Ajanta Packaging, Custom Printed Paper Cups, and Deltapack.
Huhtamaki has 4 investors. Key investors include IN.gov, Portál veřejné správy, Ministry of Economy, Finance and Industrial and Digital Sovereignty, and Conexus Indiana.
Huhtamaki is associated with 2 legal entities: Huhtamaki Foodservice Packaging India Private Limited, Huhtamaki India Limited.
The legal entities of Huhtamaki currently have 13 directors, including Leena Tellervo Kuusikoski, Rahul Vasant Kanade, Meenakshi Deepak Sapru and others.