Wednesday, 30 July 2025
BioPak’s three subsidiaries will be incorporated into Duni’s Business Area New Markets division. Swedish packaging manufacturer Duni has acquired a 75 per cent stake in Australia-based sustainable packaging producer BioPak…
Swedish packaging manufacturer Duni has acquired a 75 per cent stake in Australia-based sustainable packaging producer BioPak for SEK 410 million ($45.7 million).
BioPak creates sustainable packaging such as cups, plates and trays made from fibres, cardboard and bioplastics for food service industry clients in Australia and New Zealand.
BioPak’s three subsidiaries will be incorporated into Duni’s Business Area New Markets division, though BioPak itself will remain as a separate entity and operate as an independent unit.
The agreement includes a supplementary payment of approximately SEK 24 million ($2.7 million) for an additional 5 per cent of BioPak’s shares after two years, and an option to acquire the remaining 20 per cent after five years.
Jul 30, 2025 | Company News
Jul 30, 2025 | Beverages
Jul 29, 2025 | Cultured Meat
Jul 21, 2025 | Food Safety and Testing
Jul 16, 2025 | Company News
Jul 30, 2025 | Company News
Jul 30, 2025 | Food
Jul 30, 2025 | Food Security