Huhtamaki All Set To Acquire Positive Packaging
Huhtamaki Oyj, the Finland-based packaging company, will acquire Positive Packaging for a debt-free purchase price of Rs 2,009 crores in a bid to strengthen its position in the fast-growing emerging markets. Positive Packaging is part of the Enpee group of companies, promoted by N P Kirpalani, a non-resident Indian based in Nigeria. It has nine manufacturing facilities…