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Yahoo
04-06-2025
- Business
- Yahoo
Duni Group acquires LinePack to enhance food packaging solutions
Duni Group, a supplier of dining and food packaging solutions, has acquired an 80% stake in LinePack, a Finnish company specialising in automated packaging solutions for the food industry, strengthening Duni's Food Packaging Solutions division. The acquisition will also enhance Duni's Duniform brand by integrating advanced technology and local Finnish expertise. LinePack's incorporation into Duni Group is expected to double the latter's food packaging revenue in the Finnish market. This acquisition will enable Duni Group to offer a more comprehensive and technically sophisticated range of products and services, backed by in-depth technical knowledge. Duni Group Food Packaging Solutions chief officer Nicklas Lauwell said: "LinePack has built a strong position through technical excellence and close customer relationships. By becoming part of Duni Group, LinePack gains access to resources and networks that can further accelerate its development. 'For us, this is a strategically important step to grow in an area where demand for sustainable and efficient solutions is rapidly increasing.' LinePack provides professional design, equipment, installation, maintenance, and provision of spare parts for automated packaging systems. LinePack CEO Sami Mäenpää said: "Joining Duni Group gives us access to a larger customer base, broader market channels, and resources that will enable us to grow faster and deliver even more value to our customers. "We look forward to combining our technical expertise with Duni Group's strengths and jointly driving the development of next-generation packaging solutions." LinePack has an annual turnover of approximately €2m ($2.2m) and a workforce of six employees. In September 2024, Duni Group announced plans to develop a new warehouse hub in Meppen, Germany. "Duni Group acquires LinePack to enhance food packaging solutions" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
03-06-2025
- Business
- Yahoo
Duni Group Acquires Majority Stake in LinePack Oy
MALMÖ, Sweden, June 3, 2025 /PRNewswire/ -- Duni AB (Duni Group) has acquired 80% of the shares in Finnish company LinePack Oy, a business specializing in automated packaging solutions for the food industry. The acquisition strengthens the Food Packaging Solutions business area and complements the Duniform brand with advanced technology and local expertise. LinePack offers professional design, equipment, installation, maintenance, and spare parts for automated packaging solutions, and has a strong local presence in Finland. Through this acquisition, Duni Group enhances its offering to the Nordic market and doubles its revenue in food packaging in Finland, enabling a broader and more technically advanced offering, supported by technical expertise. LinePack has built a strong position through technical excellence and close customer relationships. By becoming part of Duni Group, LinePack gains access to resources and networks that can further accelerate its development. For us, this is a strategically important step to grow in an area where demand for sustainable and efficient solutions is rapidly increasing, says Nicklas Lauwell, Chief Officer Food Packaging Solutions, Duni Group. Joining Duni Group gives us access to a larger customer base, broader market channels, and resources that will enable us to grow faster and deliver even more value to our customers. We look forward to combining our technical expertise with Duni Group's strengths and jointly driving the development of next-generation packaging solutions, says Sami Mäenpää, CEO of LinePack Oy. LinePack Oy has an annual turnover of approximately EUR 2 million and employs six people. CONTACT: Magnus Carlsson, EVP Finance/CFO, +46 40-10 62 00, Larsson, Head of Communications, +46 76-608 33 08, This information was brought to you by Cision The following files are available for download: Duni Group Acquires Majority Stake in LinePack Oy View original content: Sign in to access your portfolio
