Hartmann to acquire Sanovo Greenpack

In a bid to strengthen global position, Brødrene Hartmann has recently entered into an agreement with Lactosan Sanovo to acquire Sanovo Greenpack.

 

"We have built a stronger Hartmann over the last few years, and the acquisition of Sanovo Greenpack is a natural next step in our efforts to speed up growth. Alongside the expansion in South America, we maintain our focus on optimising our European business and continuing the progress in North America where the expanded production capacity is now in place," said, Ulrik Kolding Hartvig, CEO, Hartmann.

 

The acquisition of Sanovo Greenpack will facilitate Hartmann to achieve their strategic goal of creating sustainable growth based on the company's strong market position and competitiveness. “Hartmann is expanding its business volume significantly through its presence in the attractive growth markets in South America, strengthening its global position within production and sale of moulded-fibre egg packaging,” according to the company report.

 

Sanovo Greenpack produces moulded-fibre egg and fruit packaging. The company employs 600 people and has four manufacturing units in Brazil and Argentina.