Eco-packaging pioneers unite
Australian suppliers join forces to expand sustainable alternatives to single-use plastic food and drink containers.
BioPak has acquired eco supplier Bygreen in a fresh bid to expand its sustainable food packaging range.
The Sydney-based company says the acquisition will align two purpose-driven businesses and support their shared goal of reducing environmental impact with a complementary suite of products.
The announcement comes as plastic waste continues to pose a global environmental challenge with industry regulators Australia-wide tightening laws around the use of single-use plastic in food service operations.
According to BioPak, these regulatory changes are accelerating demand for plastic alternatives, driving the need for product innovation and business expansion.
Queensland-based Bygreen supplies wholesale distributors with a range of sustainable single-use and reusable products that include Strong Straws, Palm Leaf Tableware and the One Tree Cutlery and Utensils range.
“Together, we will have an unmatched level of expertise, drive and passion to meet the growing demand for sustainable alternatives."
“This is a company that has been at the forefront of the sustainable packaging sector for more than three decades, and we are proud to build upon this legacy through our new partnership,” BioPak CEO Gary Smith said.
“Together, we will have an unmatched level of expertise, drive and passion to meet the growing demand for sustainable alternatives.”
Bygreen CEO Mick Krause, who will remain involved in the business following the acquisition, said he hoped the deal would strengthen customer relationships and scale the company’s impact.
“With the environment at the heart of everything we do, this partnership opens the door to new opportunities, greater impact, and long term sustainability,” he said.
BioPak, a certified B Corp, says it launched in 2006 with the goal to become a leader in compostable and recyclable foodservice packaging. In April last year it acquired Huskee, which repurposes husks leftover from the production of coffee to create a range of sustainable coffee cups.
The company has also recently expanded its operations into the Hong Kong market where it says recent bans on single-use plastic are driving strong demand for sustainable food packaging alternatives.
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