Hotpack acquires Al Huraiz Packaging, adds 14th production plant to its global portfolio

  • Date: 12-Oct-2022
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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Hotpack acquires Al Huraiz Packaging, adds 14th production plant to its global portfolio

Dubai: Hotpack Global, the region’s largest food packaging manufacturer, has acquired Al Huraiz Packaging Industry (AHP), a leading corrugated carton manufacturer in the UAE.

Located in Dubai Investment Park, AHP is a state-of-the-art facility that is one of the most technically advanced packaging plants for corrugated carton products in the UAE.

Hotpack is the packaging products manufacturer with the world’s largest exclusive retail network.

Following the acquisition, Hotpack Global will assume complete control of operations of AHP and the business will be renamed Hotpack Packaging Industries LLC.

Commenting on this, Mr. Abdul Jebbar PB, Group Managing Director of Hotpack Global, said, “The acquisition will not only benefit us logistically, as it supports the internal requirements of Hotpack but also adds a new portfolio of products to our offerings. This is a strategic and significant step in our pursuit to achieving vision 2030, which is to become the world’s largest packaging manufacturer.”

“We will continue to invest in enhancing our production and supply chain capabilities with an emphasis on technology and sustainability. To achieve this, we are planning to invest another AED 100 million to double our production capacity and diversify product line with the expansion of manufacturing operations globally and retail outlets in the region,”