TIPA Compostable Packaging has announced it has acquired Bio4Pack, a European company in compostable packaging solutions. Bio4Pack has joined TIPA leadership to create a comprehensive compostable packaging portfolio, meeting the ever-growing interest for truly circular packaging solutions on the market.
The acquisition was signed today with Bio4Pack complementing TIPA's offering for the compostable industry as its European end-applications solution provider. In addition to the wide range of products on offer, customers will now be able to purchase from TIPA three new products: paper packaging from agricultural waste, trays and nets.
The acquisition of Bio4Pack will also benefit customers with additional sales representatives in the Netherlands and Germany, as well as local warehousing facilities. The acquisition aligns with TIPA's strategy of collaborating with industry leaders, expanding both geographically and in product portfolio and promoting sustainable solutions to combat the global plastic crisis.
TIPA develops and manufactures flexible compostable packaging that turn into compost within a few months, providing a full circular solution for flexible plastic waste. TIPA packaging mimics the high-end properties of conventional plastic packaging such as strength, machinability, transparency and shelf life - but leave zero waste behind, just like any other organic waste. Its packaging solutions for the entire supply chain, includes films and laminates for packaging manufacturers and custom packaging applications for food and fashion brands.
In the past 15 years, Bio4Pack has also operated in the field of compostable packaging. It has been developing and manufacturing packaging that meet consumers' and producers' desire to reduce harmful plastic packaging waste. This has resulted in a complete range of compostable packaging that meets a variety of stringent standards.
According to Daphna Nissenbaum, CEO & Co-Founder of TIPA, “There is a great value and strength in cooperating with other players in the sustainable packaging solutions industry. The acquisition of Bio4Pack enables us to expand our existing expertise and portfolio and continue to grow TIPA’s custom packaging solutions.”
Patrick Gerritsen Bio4Pack CEO, says: "It is an honor to be acquired by TIPA, as this company is well-known throughout Europe - and around the world - for their innovative packaging. With both’ companies extensive experience in this field, I am confident we will be able to significantly reduce plastic pollution on Earth.”
For more information:
TIPA
https://tipa-corp.com/
Bio4Pack
https://www.bio4pack.com/