CANADA – Packaging optimization firm Cartier Packaging has completed the acquisition of Complete Packaging Systems, a supply chain company based in Ontario. Founded in 2003, Complete Packaging Systems optimizes and secures transport packages, primarily serving the railway industry. The company provides ‘high-quality’ cargo securement products, including CYCLONE Air Bags and new Hanger Bags, to companies across North America. The deal,…
Read MoreDay: February 13, 2023
Kelpi raises US$3.63M in seed funding to advance biomaterial coatings made from seaweed
UK – Kelpi, a sustainable material startup from Bath, has secured US$3.63 million (£3m) in seed funding to advance the development of its bioplastic for packaging. The latest seed funding was led by Science Creates Ventures and Green Angel Syndicate; One Planet Capital provided its funding, with follow-on investment from Bristol Private Equity Club (BPEC) and private angel investors. The…
Read MoreEnvoy Solutions bolsters portfolio with acquisition of Mooney-General Paper
USA – Illinois-based specialized distributor and solution provider Envoy Solutions has entered an agreement to acquire full-line distribution services company Mooney-General Paper (MGP) for an undisclosed sum. Based in New Jersey, Mooney-General Paper provides equipment and supplies for industrial packaging, food service and food packaging, and sanitary maintenance. The business specializes in both traditional and innovative solutions that are tailored…
Read MoreNestle conducts trial of reusable packaging for the Nesquik cocoa brand
GERMANY – Nestlé, the world’s largest food & beverage company is testing the use of reusable stainless-steel containers for its Nesquik cocoa brand in the German market. Nestle has partnered with Frankfurt-based startup, Circolution, manufacturer of reusable stainless steel in rolling out the trial. According to Nestle and Circolution’s partnership, the startup rents the reusable containers to the food manufacturer…
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