Sweden’s Duni Group has further strengthened its position in Europe after announcing the acquisition of the UK’s leading paper tableware company Poppies Europe.
The company said the move strengthens its presence in the sustainable dining market in the United Kingdom, while offering “significant synergies across manufacturing, logistics and distribution.”
The acquisition is subject to regulatory approval in the UK is expected to be completed in the first half of 2025.
Robert Dackeskog, President and Chief Executive of Duni Group, said: “We are pleased to welcome Poppies to our group of attractive brands in dining and food packaging solutions for the restaurant market.
“The acquisition further strengthens our market-leading position in Europe and increases our distribution capacity to customers in the UK and Ireland.”
The merger has also increased the company’s premium tissues and airlaid production in Duni Group’s papermill Rexcell.
Poppies manufactures a quality product range mainly for the catering sector, produced under the Poppies brand name, along with other bespoke labels such as McNulty Wray and Staples.
Poppies production facility is based between Liverpool and Manchester on a 12-acre site and distributes products both nationally and internationally.
Masoud Khadem, Director of Poppies, said: “We are excited to join forces with Duni Group. Together with Duni we will have a strong value chain that strengthens our focus on sustainable products while simultaneously expanding our tabletop offering to better serve our customers.”
Poppies has around 220 employees and annual net sales of approximately SEK620m, with profitability in line with Duni Group’s business area Dining Solutions.
Duni Group is a market leader in sustainable dining and food packaging solutions for the restaurant market.
