Duni

What Duni does

Duni AB (publ), trading as Duni Group and listed on Nasdaq Stockholm under ticker DUNI, is a Swedish manufacturer and supplier of table-setting and food packaging solutions for the foodservice industry. Founded in 1949 (with a 1940 origin referenced on the corporate website) and headquartered in Malmö, the company sells FSC-certified table covers, napkins, take-away packaging, vacuum and composting solutions, and related foodservice products to restaurants, hotels, catering operators, and — following 2025–2026 acquisitions — increasingly into industrial packaging. Its flagship product platform comprises the Duniform® packaging brand, the Velviq® FSC-certified table cover material produced at its owned paper mill in Skåpafors, Sweden, and the Take Away solutions line. Manufacturing is split between the Swedish paper mill and a German converting facility for Velviq®, with sales and distribution executed through 16 country-specific websites and direct B2B sales relationships across Europe and the USA.

The company's go-to-market is a traditional sales-led B2B model targeting enterprise foodservice operators; pricing is quote-based and not publicly disclosed. Revenue mechanics combine one-time product sales of food packaging and table covers with a smaller professional-services stream from the 2026-acquired Solserv aftermarket service business. FY2025 net sales were SEK 7,685M (+1.4% YoY), but a 2.1% organic decline and SEK 560M operating income (down from SEK 604M in 2024) flag weak restaurant-sector demand and FX headwinds. In response, management set a minimum 6% annual sales growth target effective January 2026 and committed to over 50% of net profit as dividends, while continuing an aggressive M&A program — Poppies, LinePack Oy (80% stake, June 2025), and ByGreen in 2025, plus Solserv Solutions & Services Europe AB in April 2026 — to offset organic weakness and extend the addressable market into industrial and circular-economy adjacencies.

Name

Duni

Legal name

Duni AB (publ)

Website

https://duni.com

Company type

Public

Founded year

1940

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Duni Group is a Swedish, Nasdaq Stockholm-listed manufacturer of FSC-certified table covers, napkins, take-away, vacuum, and composting food packaging solutions, sold B2B to restaurants, hotels, and catering operators across 16 European and US markets through direct sales and country-specific websites.

Ownership category

akta.pro rank

Product category

Foodservice Packaging and Table Setting

NAICS

Other Paperboard Container Manufacturing (322219)

SIC

Paperboard Containers & Boxes (2650)

akta.pro primary industry

Foodservice Packaging & Takeout Containers Wholesale (AFAIALAE)

Keywords

• Food packaging solutions
• Table setting products
• Foodservice supplies
• Take-away packaging
• Composting solutions

Headquarters

HQ city

Malmö

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Food Packaging Solutions: Sale of food packaging solutions, table covers, and related products to foodservice operators, restaurants, hotels, and catering businesses. Includes Duniform brand packaging and Duni table cover materials.
2. Aftermarket services: Service and maintenance offerings for industrial packaging machinery through Solserv acquisition.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Duni Group manufactures and sells table cover products (including the FSC-certified Velviq® line), food packaging solutions under the Duniform® brand, and take-away packaging for the foodservice industry. The company serves restaurants, hotels, caterers, and foodservice operators globally through direct B2B sales and regional country websites, complemented by industrial packaging machinery, composting equipment, and aftermarket services acquired through Solserv and LinePack.

Product overview

Duni Group is a Swedish company operating in the food packaging and table setting solutions industry. The company offers a multi-brand portfolio organized around two main business areas: Food Packaging Solutions and Table Setting Solutions. Key products include the Duniform® brand (vacuum and composting solutions for food waste reduction), Velviq® (FSC®-certified table cover material), and take-away solutions. The company has pursued an aggressive acquisition strategy, expanding through Poppies, LinePack Oy (automated packaging, 80% stake), ByGreen, and Solserv Solutions & Services Europe AB (composting and industrial packaging). Products are manufactured in Sweden (Skåpafors paper mill) and Germany, serving restaurants, hotels, catering, and foodservice operators across Europe and global markets.

Differentiator

Problem solved

Functional benefit

Brands

• Duniform: Brand for food packaging solutions including vacuum and composting solutions to reduce food waste and plastic use
• Velviq
• Take away

Products and services

• Velviq® Table Cover Material FSC-certified table cover material made from responsibly sourced wood-based raw material, available in rolls, placemats, and runners. Designed for foodservice operators, restaurants, hotels, and catering businesses seeking sustainable table settings.
• Duniform® Food Packaging Solutions Food packaging solutions brand encompassing vacuum and composting systems designed to reduce food waste and plastic use for foodservice operators. Products extend shelf life and transform organic waste into soil, helping improve profitability and sustainability.
• Take Away Packaging Solutions Food packaging solutions for take-away and food-on-the-go applications targeted at the foodservice industry, covering cups, containers, and related packaging for restaurants, cafés, and takeaway operators.
• Industrial Packaging Machinery and Composting Machines (Solserv) Industrial packaging machinery, rapid composting machines, and related aftermarket services and maintenance offered to industrial businesses, particularly in the Swedish and Nordic markets.

Quantifiable outcome

• Uses less material per cover while maintaining stability and usability
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered minor.

• Solserv Solutions & Services Europe ABminorStrategic or Co-development Partner · 1 April 2026Duni Group acquired 100% of shares in Solserv Solutions & Services Europe AB, a company specializing in rapid composting machines, industrial packaging machinery, and aftermarket services. The acquisition adds approximately SEK 50 million in annual turnover and six employees, marking a strategic expansion into the industrial segment and strengthening Duni's position in Swedish and Nordic markets.
• LinePack OyminorStrategic or Co-development Partner · 3 June 2025Duni Group acquired an 80% stake in Finnish company LinePack Oy, a provider of automated packaging solutions for the food industry. The acquisition strengthens Duni's Food Packaging Solutions business and expands its market offerings in the Nordics.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Huhtamäki Oyj: Finland-headquartered global foodservice packaging and tableware group with overlapping product categories (cups, containers, table covers) and a comparable European B2B foodservice customer base — the most directly comparable peer to Duni.
• Pactiv Evergreen Inc. North American foodservice and beverage packaging specialist directly comparable to Duni's Food Packaging Solutions business in product mix (containers, lids, tableware) and foodservice channel exposure.
• Novolex Holdings: US-based private packaging company focused heavily on foodservice paper and plastic products; directly comparable in take-out containers, table covers, and quick-service restaurant supply.
• Cascades Inc. Canadian tissue and packaging group with a dedicated Cascades Tissue Group business serving foodservice (napkins, table covers, wipers) — directly comparable to Duni's Table Setting Solutions area and also a paperboard convertor.
• Sabert Corporation: Private US foodservice packaging manufacturer with strong take-out and tableware presence; comparable to Duni in product mix and B2B foodservice channel, with similar scale and acquisition-led growth history.

Broad incumbents

• Sealed Air Corporation: Large US-listed food and protective packaging major with foodservice-product adjacencies (Cryovac, SEE Sustainable Solutions); competes with Duniform® in vacuum food packaging and operates at meaningfully greater scale.
• Berry Global Group: Global packaging major (recently combined with Glatfelter to form Magnera) with broad foodservice and consumer packaging exposure; an overlapping incumbent against Duni, particularly in rigid containers and paperboard-based packaging.

Emerging players

• Constantia Flexibles: Austrian flexible packaging specialist focused on food and consumer goods; overlaps with Duniform® packaging and competes for the same foodservice and processor customers.

Others

• Stora Enso Oyj: Nordic integrated paperboard and biomaterials producer — an upstream input supplier and adjacent player whose consumer board and packaging boards feed into packaging converters like Duni.
• Metsä Board Corporation: Finnish paperboard manufacturer and a key upstream supplier for foodservice packaging converters; competes with Duni's own Skåpafors mill integration by serving merchant converters.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Duni