Huhtamäki Oyj - Company Announcement

Huhtamäki Oyj to acquire a films manufacturer in Brazil

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 12.8.2011 AT 09:00

Huhtamaki has entered into an agreement to acquire the Brazilian hygienic films
manufacturer Prisma Pack Indústria de Filmes Técnicos e Embalagens Ltda. The
acquisition marks an important step in Huhtamaki's strategy of profitable growth
and is significantly strengthening its Films segment's geographic scope as well
as presence within the growing market of hygienic films.

Prisma Pack is currently privately owned and is a market leader in hygienic
films in Brazil. Hygienic films are mainly used in personal care products, such
as disposable diapers, feminine protection and incontinence diapers. Prisma
Pack's net sales in 2010 were approximately EUR 40 million. The company has a
strong track record of sales growth since its beginning in 2003. The company
employs approximately 200 people. Huhtamaki's Brazilian subsidiary will acquire
all the quotas of Prisma Pack for a debt free purchase price of EUR 20 million
(BRL 47 million)."We are very excited about this acquisition," says Jukka Moisio, CEO of
Huhtamäki Oyj. "The strategic fit is perfect. With Prisma Pack we gain a strong
position in hygienic films in the fast growing Brazilian market and improve our
ability to serve our global customers in South America.""Our target is to reach a leading position globally in films for hygiene
applications," says Peter Wahsner, Executive Vice President Films. "The Prisma
Pack acquisition complements our manufacturing footprint, as we are just
starting operations at our brand new plant in Thailand. With manufacturing sites
in Asia, Europe, North America and South America, we are now able to serve our
global key customers from a local supply position throughout the world."

The acquisition is expected to be completed by the end of August 2011.

For further information, please contact:

Jukka Moisio, CEO, tel. +358 10 686 7801

Timo Salonen, CFO, tel. +358 10 686 7880

HUHTAMÄKI OYJ

Group Communications

Huhtamaki Group is a leading manufacturer of consumer and specialty packaging
with 2010 net sales totaling EUR 2 billion. Foodservice and consumer goods
markets are served by approximately 12,000 people in 53 manufacturing units and
several sales offices in 31 countries. The parent company, Huhtamäki Oyj, has
its head office in Espoo, Finland and its share is quoted on the NASDAQ OMX
Helsinki Ltd. Additional information is available at www.huhtamaki.com.


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