Pöyry advice to Delta Packaging on its acquisition by Huhtamaki

PÖYRY PLC     Press Release 23^rd May 2016 14.30 pm (EEST)

Pöyry advice to Delta Packaging on its acquisition by Huhtamaki

On 19^th May 2016 Huhtamaki announced its acquisition of Delta Print & Packaging. Based in Belfast, Northern Ireland, Delta is a manufacturer of folding carton packaging, supplying major food service brands including KFC, Kellogg's, McDonald's and United Biscuits. The company has recently expanded its manufacturing operations by building a factory in southern Poland.

Pöyry Capital acted as financial adviser to Delta and its owners.

Pöyry Capital is the investment banking advisory arm of the Pöyry Group focusing on transactions in the energy, forest products and packaging industries.

The success fee earned from this transaction will be recognised within the Management Consulting Business Group order stock in Q2/2016.

Additional information:
 
Tom Blake
Managing Director, Pöyry Capital, London
Tel +44 7860 862795
 
Rebecca Bleasdale
Head of Communications
Tel +44 7969 981163
 
Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2015 were EUR 575 million and the company's shares are quoted on Nasdaq Helsinki (Pöyry PLC: POY1V).