GlobalData
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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.
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