Swedish businessman Hans Rausing, credited with turning food packaging company Tetra Pak into a global giant, has died in England aged 93, his family said. "Hans Rausing had exceptional drive, and right to the end a commitment to entrepreneurship in Sweden and around the world," they wrote in a statement. He died on Friday. His father, Ruben Rausing, co-founded a company in southern Sweden that was an early innovator in food packaging, seeking to move away from bulk sales of foods such as flour and sugar to consumers.
Born in 1926, Hans Rausing was appointed managing director of Tetra Pak International in 1954, and with his brother Gad led the company for four decades. He retired as president in 1993, having grown the company from seven employees to 36,000 and giving it a global presence.