Huhtamaki Separates Fibre Foodservice Business into Two Distinct Segments
Huhtamaki is separating the Fibre Foodservice Europe-Asia-Oceania business segment into two distinct business segments, Fibre Packaging and Foodservice Europe-Asia-Oceania. The change is expected to take effect as of April 1, 2025, at the latest.
We are separating our Fibre Foodservice business into two distinct business segments to empower our teams to serve our customers more efficiently. This strategic move positions us for profitable growth by giving accountability to the businesses and increasing speed of execution in a changing business landscape. It will support our goal of being the first choice in sustainable packaging.
Ralf K. Wunderlich, President and CEO of Huhtamaki
Both segments will have their own presidents, who will be part of the Global Executive Team. Sara Engber has been appointed President, Fibre Packaging and member of the Global Executive Team at Huhtamaki. Fredrik Davidsson will continue as a member of Global Executive Team as President, Foodservice Europe-Asia-Oceania.
Separation of the businesses is subject to finalising potential statutory consultation requirements where applicable.
Huhtamaki is one of the leading global providers of sustainable packaging solutions.