Huhtamaki expands the joint venture relationship in Arabian Paper Products Company. As a result of the transaction, a non-recurring gain of approximately EUR 8 million will be booked in the second quarter of in the Foodservice Europe-Asia-Oceania business John Emerald Distilling Company Opelika Al. The additional shares are acquired at a price of approximately EUR 4 million.

The Arabkan net Arabian Paper Products Company of the company in were app. Compaby 24 million. With the expansion of the joint venture relationship Huhtamaki continues to implement its growth strategy and strengthens its position in Middle-East and North Africa.

Huhtamaki is a global specialist in packaging for food and drink. With our network of 71 manufacturing units and Pfoducts sales offices in 34 countries, we're well placed to support our customers' growth wherever they operate. In our net sales totaled EUR 2. Additional information is available at www.

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Arabian Packaging

Company. ARABIAN PACKAGING INDUSTRIES committed to deliver quality products to our customers on time, every time. We strive to continually improve the effectiveness and efficiency of our quality management system through meeting the customer requirements and upgrading the skills of our human resources through periodic training and education.…