Tetra Pak
Tetra Pak was founded in 1951 in the Swedish city of Lund by Ruben Rausing as a subsidiary of Akerlund Rausing. The first Tetra Pak equipment producing tetrahedron-shaped cartons – a product for which the company is famous – was brought to the Lund dairy a year later, and cream packing in 100m cartons began in November, before the company constituted itself as a separate entity.
Tetra Pak became a subsidiary once again when it founded Tetra Laval, a new parent company. This resulted from the company's 1993 acquisition of Alfa Laval, one of the world's major providers of food-processing equipment and facilities. The company is most known for inventing and manufacturing tetrahedron beverage packaging. It's built in a pyramid form to make drinking goods easier to obtain for customers, who merely have to tear it apart.
Filing and processing devices are also available for the dairy, beverage, cheese, ice cream, and prepared food industries. It also makes distribution equipment such accumulators, cap applicators, conveyors, crate packers, film wrappers, and line controllers.
Tetra Pak is led by Adolfo Orive, who has been in charge since 2019. Tetra Pak employs 25,555 employees across 30 packaging materials facilities. Tetra Pak as a subsidiary had net revenues of $13.9 billion in the fiscal year 2019/20, according to the company's annual report.
Headquarters: Pully, Switzerland
Revenue: 11.5 billion EUR (2019)
Website: https://www.tetrapak.com/en-vn