Australia’s leading eco-friendly packaging company BioPak Pty Ltd has announced a new partnership with Swedish business Duni AB in a major step to fight the war on waste across the globe.
The landmark deal will rapidly launch the BioPak range of sustainable packaging solutions across Europe and the Asia Pacific region and will provide a platform for long-term international expansion.
With only 9% of the world’s plastics being recycled and reused, BioPak CEO Gary Smith commented on the significance of this new force in combating waste.
"This partnership is a great opportunity to reduce plastic pollution and fight the war on waste on a global scale," Mr Smith said.
"BioPak started back in 2006 with a simple vision – a world without waste. We were first to market offering sustainable, environmentally adapted packaging in Australia, expanding soon after to New Zealand.
"Since then, BioPak has experienced unprecedented growth and we are delighted to partner with Duni in taking our ethos to the global stage, working with a company that shares our values in sustainability and customer prioritisation."
Duni CEO Johan Sundelin is delighted to partner with BioPak and champions their innovative packaging solutions in reducing waste and the negative environmental impacts of single-use foodservice packaging.
"We have admired BioPak’s consistent promise to provide sustainable products to the foodservice industry, and are now looking forward to collaborating with Gary, Richard and their fantastic team in our common mission," Mr Sundelin said.
BioPak’s Richard Fine is excited with the new strategic direction of the company.
"We are more committed than ever before to our business," Mr Fine said.
"With Duni’s scale and our influence, we now have an opportunity and the resources to solve the environmental problems associated with single-use disposable packaging on a global scale. We will continue to expand our influence in the industry and play a positive role in society."
The new deal will enable BioPak to rapidly scale, with Duni investing in a 75 percent share of the newly formed global BioPak business.
Under the new agreement, BioPak will remain a separate company and continue to trade as BioPak. The BioPak founders are committed to the long-term growth of the company, with operations in Australia and New Zealand to remain unchanged.
BioPak will continue to expand and grow across Australia and New Zealand to sell compostable and recyclable packaging, and proceed to roll out its waste minimisation initiative – the recently launched BioPak Compost Service.
