Ranpak invests in German packaging innovation for herbal packaging
Ranpak has clients all over continental Europe, with its European headquarters in the Netherlands.
Creapaper uses a patented process to produce gripap, a raw material necessary for the production of tissue paper, which helps reduce CO2 emissions and water consumption throughout the global paper and paper industry. ‘packaging.
It supplies disposable plastic toilet paper, food and carrier bags and replacement packaging to retail customers in Germany, Switzerland, Austria, the Netherlands and Italy.
“Ranpak’s strategic investment in Creapaper reflects our continued commitment to sustainability and the use of natural substrates to reduce plastic waste and carbon emissions,” said Omar Asali, President and CEO of Ranpak. “Creapaper’s innovative paper grass products are poised for expansion into global markets and complement Ranpak’s basic paper products and sustainable packaging solutions. Working with Creapaper will advance our mission of replacing plastic packaging with sustainable alternatives by expanding Ranpak’s green solution set and paper SKUs for our growing customer base.
Creapaper simultaneously announced that the company has finalized Funding Round B with new investors including Ranpak, JS Capital, Schusterman Family Investments and Soros Capital.