Huhtamaki has announced the acquisition of Zellwin Farms Company, a Florida-based molded fiber packaging manufacturer, in a USD 18 million deal aimed at expanding its footprint in the North American egg packaging market.
Zellwin Farms has operated for more than two decades from a single site in Zellwood, Florida, supplying molded fiber egg cartons and egg flats to customers across the Southeastern United States. The business generates approximately USD 20 million in annual net sales.
“This acquisition is attractive for us as legislation in North America continues to shift packaging choices in the egg industry toward more renewable and recyclable options,” said Ann O’Hara, President, North America at Huhtamaki. “It strengthens our manufacturing capacity and supports our leadership goals in the molded fiber segment.”
Huhtamaki CEO Ralf K. Wunderlich added that the deal aligns with the company’s focus on disciplined, margin-enhancing growth. “This acquisition fits our criteria perfectly and is earnings per share accretive from year one.”
The acquisition delivers added production capabilities and positions Huhtamaki to respond to growing demand for sustainable packaging in the food sector.
About Huhtamaki
Huhtamaki is a global leader in sustainable packaging solutions for food, beverage, and personal care products. With operations in 36 countries and 102 locations, Huhtamaki employs around 18,000 professionals. In 2024, the company reported net sales of EUR 4.1 billion. Huhtamaki is listed on Nasdaq Helsinki and headquartered in Espoo, Finland. Learn more at www.huhtamaki.com.
