Announced

Completed

Duni Group completed the acquisition of a 80% stake in LinePack.

Synopsis

Duni Group, a sustainable dining and food packaging solutions provider, completed the acquisition of a 80% stake in LinePack, a business specializing in automated packaging solutions for the food industry. Financial terms were not disclosed. "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," Nicklas Lauwell, Duni Group Chief Officer Food Packaging Solutions.

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