About Huhtamaki
Huhtamaki is a company based in Espoo (Finland) founded in 1920.. The company has 17,790 employees as of December 31, 2024. Huhtamaki has completed 13 acquisitions, including Ajanta Packaging, Custom Printed Paper Cups and Deltapack. Huhtamaki offers products and services including ProDairy Cups and Fiber-based Egg Cartons.
- Headquarter Espoo, Finland
- Employees 17790 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Huhtamaki Oyj
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Annual Revenue
$4.29 B (USD)-1.02as on Dec 31, 2024
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Net Profit
$232.82 M (USD)8.63as on Dec 31, 2024
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EBITDA
$617.52 M (USD)-0.6as on Dec 31, 2024
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Latest Funding Round
$111.5 K (USD), Grant
Jan 24, 2023
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Investors
IN.gov
& 3 more
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Employee Count
17790
as on Dec 31, 2024
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Investments & Acquisitions
Ajanta Packaging
& 12 more
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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.
Products & Services of Huhtamaki
Huhtamaki offers a comprehensive portfolio of products and services, including ProDairy Cups and Fiber-based Egg Cartons. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Recyclable cups that reduce plastic content for dairy products.
Cartons made from recycled materials for egg protection.
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Leadership Team
24 people
Sales and Marketing
19 people
Human Resources and Administration
19 people
Software Development Team
15 people
Finance and Accounting
13 people
Senior Team
8 people
Head Team
6 people
Product Management Team
6 people
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Funding Insights of Huhtamaki
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $111,499
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First Round
First Round
(01 Jul 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Grant - Huhtamaki | Valuation |
investors |
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| Jul, 2021 | Amount | Grant - Huhtamaki | Valuation |
investors |
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| Oct, 2020 | Amount | Grant - Huhtamaki | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A digital platform for public administration services in Czech Republic.
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Founded Year | Domain | Location | |
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Multi-category news is delivered via an online government platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Limited information available
|
2010 | ||||
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Provider of printed paper cup products manufacturing services
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2009 | ||||
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Paper-based packaging for food products is manufactured in China.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Huhtamaki
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Huhtamaki Comparisons
Competitors of Huhtamaki
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Huhtamaki
Frequently Asked Questions about Huhtamaki
When was Huhtamaki founded?
Huhtamaki was founded in 1920 and raised its 1st funding round 94 years after it was founded.
Where is Huhtamaki located?
Huhtamaki is headquartered in Espoo, Finland.
How many employees does Huhtamaki have?
As of Dec 31, 2024, the latest employee count at Huhtamaki is 17,790.
What is the annual revenue of Huhtamaki?
Annual revenue of Huhtamaki is $4.29B as on Dec 31, 2024.
What does Huhtamaki do?
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.
What products or services does Huhtamaki offer?
Huhtamaki offers ProDairy Cups and Fiber-based Egg Cartons.
Is Huhtamaki publicly traded?
Yes, Huhtamaki is publicly traded on OMXHEX under the ticker symbol HUH1V.
How many acquisitions has Huhtamaki made?
Huhtamaki has made 13 acquisitions, including Ajanta Packaging, Custom Printed Paper Cups, and Deltapack.
Who are Huhtamaki's investors?
Huhtamaki has 4 investors. Key investors include IN.gov, Portál veřejné správy, Ministry of Economy, Finance and Industrial and Digital Sovereignty, and Conexus Indiana.
What is Huhtamaki's ticker symbol?
The ticker symbol of Huhtamaki is HUH1V on OMXHEX.