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"Hans Rausing had notable pressure, and correct to the end a commitment to entrepreneurship in Sweden and around the globe," they wrote in a statement. He died on Friday.
His father, Ruben Rausing, co-founded a company in southern Sweden that changed into an early innovator in meals packaging, in search of to circulate away from bulk sales of meals akin to flour and sugar to consumers.
Ruben Rausing developed the first cardboard container in the form of a tetrahedron -- a shape made of 4 triangular sides, also referred to as a triangular pyramid. it's the shape that gave the business its identify.
the brand new packaging became most chiefly used to sell milk, replacing glass bottles in a pre-plastic revolution for beverage packaging.
Born in 1926, Hans Rausing became appointed managing director of Tetra Pak overseas in 1954, and along with his brother Gad led the company for 4 many years.
He retired as president in 1993, having grown the business from seven personnel to 36,000 and giving it a world presence.
below the brothers' leadership, Tetra Pak endured to increase new packaging, creating sterile materials and new shapes, and designed machines for the extremely-high-temperature (UHT) pasteurisation of milk.
In 1991, Tetra Pak acquired Alfa Laval, a leading agency of gadget for the agricultural industry, and the group became referred to as Tetra Laval.
Rausing, who left Sweden for the United Kingdom in the Eighties for tax motives, is estimated to have accrued a fortune of some $12 billion (11 billion euros), in keeping with Forbes magazine.
Tragedy struck the household in 2012, when the businessman's daughter-in-law Eva died from a drug overdose aged 48.
Her rotting corpse become found more than two months after her demise under a pile of bedding in a room within the London home she shared with Rausing's son, Hans Kristian.
He pleaded guilty to fighting the lawful and first rate burial of his wife, and acquired a ten-month sentence, suspended for 2 years.
He stated he couldn't take care of her demise. The couple had met at a drug addiction health center.