Winpak Ltd - Company Profile
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Winpak Ltd (Winpak), a subsidiary of Wihuri International Oy, is a manufacturer and distributor of flexible packaging products. It also offers packaging machinery and spare parts. The company's product portfolio includes health care packaging, rigid packaging, flexible packaging, packaging machinery and parts, flexible lidding, thermoforming and lidding films. It also offers technical services such as maintenance services, package machine ability, and performance testing, packaging machinery training programs, packaging systems installation and integration, package design and development, material compatibility testing, and microbiological contamination support. The company serves the food and beverage, industrial, packaging machinery, and health care markets. It operates production facilities in the US, Mexico, and Canada. Winpak is headquartered in Winnipeg, Manitoba, Canada.
Headquarters
Canada
Address
100 Saulteaux Cres, Winnipeg, Manitoba, R3J3T3
Website
www.winpak.com
Telephone
1 204 8891015
No of Employees
2,563
Industry
Paper and Packaging
Ticker Symbol & Exchange
WPK (TSE)
Revenue (2022)
$1.1B
-3.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
15.4%
(2022 vs 2021)
Market Cap*
$1.9B
Net Profit Margin (2022)
XYZ
19.4%
(2022 vs 2021)
* As of and is in US$
Winpak Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Thermoforming Films | Technical | DuraChub |
| Lidding Films | Maintenance Services | DuraShrink |
| Die-Cut Lids | Package Machine Ability and Performance Testing | WINfresh |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Asset Purchase | In October, Winpak Films acquired approximately 44 acres in Senoia. |
| 2023 | Others | In July, the company installed Asahi Photoproducts’ CrystalCleanConnect automated flexo platemaking system. |
| 2021 | Corporate Awards | In July, the company receives the prestigious Spirit of Excellence Award. |
Competitor Comparison
| Key Parameters | Winpak Ltd | Amcor Plc | Sonoco Products Co | CDF Corp | IPL Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | United Kingdom | United States of America | United States of America | Canada |
| City | Winnipeg | Bristol | Hartsville | Plymouth | St Damien de Buckland |
| State/Province | Manitoba | England | South Carolina | Massachusetts | Quebec |
| No. of Employees | 2,563 | 41,000 | 23,000 | - | 1,280 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Antti I. Aarnio-Wihuri | Chairman | Executive Board | - | - |
| Olivier Y. Muggli | President; Chief Executive Officer | Senior Management | 2017 | - |
| Scott Taylor | Chief Financial Officer; Vice President | Senior Management | 2022 | - |
| Gregory L. Powell | President - Winpak Portion Packaging; President - Winpak Heat Seal | Senior Management | - | - |
| James C. Holland | President - Winpak Division | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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