Elopak, a leading global supplier of carton packaging and filling equipment, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish sustainability start-up, producing fiber-based closures.
“The beverage carton market has been a top priority for us from the very start. Elopak is a leader in the Gable Top segment, a global packaging concept where we see the first high-volume use cases for replacing plastic with fiber-based closures. Addressing this field together with Elopak marks an important milestone for Blue Ocean Closures,” said Lars Sandberg, CEO of Blue Ocean Closures.
Elopak has a strong track record of delivering packaging innovations. Blue Ocean Closures’ products offer a more sustainable alternative to plastic closures that could help to further lower the overall carbon footprint of Elopak’s cartons by reducing plastic content and increasing the use of paper fibers.
Blue Ocean Closures will continue to bring the first applications to market together with its existing brand partners, now with strong support from Elopak in accelerating early developments. As part of the investment, Elopak has secured the exclusive rights to market, sell, and distribute Blue Ocean Closures’ fiber-based caps globally for gable top cartons, including the iconic Pure-Pak and D-PAK.
Partnering with Elopak will greatly enhance Blue Ocean Closures’ growth strategy, positioning both companies as leaders in this technological field. The investment is in line with Elopak’s strategy, ‘Repackaging tomorrow’ and demonstrates a solid opportunity to connect two companies and R&D environments that together can develop the caps and closures for the future.
“We are proud to be partnering with Blue Ocean Closures in further exploring this exciting technology, complementary to our ongoing R&D activities. BOC’s fiber-based closures are a promising solution that can support Elopak’s vision for a more renewable, low-carbon, and low-plastic dependant packaging sector,” said Thomas Kormendi, CEO of Elopak.
“We are delighted to have Elopak join our partnership of leading industrial owners. We share Elopak’s vision for reshaping the future of packaging and are excited to learn from their global network and decades of experience in sustainable innovation,” said Sandberg.
