Huhtamaki could become takeover target
Huhtamaki [HUH1V:FH], a Finnish packaging company, could end up being an acquisition target, according to Kauppalehti.
In an unsourced analysis about the company’s investor prospects and the appointment of a new chief executive, the Finnish business daily report said that Huhtamaki has been making plenty of acquisitions.
The company is well run and growing. However, if investors think deeply about Huhtamaki’s future, it could become a takeover target, just like Finnish sporting goods company Amer Sports [HEL: AMEAS], the report said.
The company had sales of EUR 2.98bn in 2017.
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