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The trade magazine for the packaging industry
HP has acquired the Scottish company Choose Packaging. The packaging manufacturer is regarded as the inventor of the world's only commercially available plastic-free paper bottle.
Choose has developed a patented technology that offers an alternative to plastic bottles and can hold a variety of liquid products. The paper-based bottles are made from naturally occurring and non-toxic materials and are designed to pave the way for a new standard for filling solutions worldwide.
„With the Takeover we want to further expand our capabilities in the area of sustainable packaging and at the same time make progress in realising HP's overall sustainability goals.“ Savi Baveja, Chief Strategy & Incubation Officer at HP Inc
The takeover is intended to bring the company closer to its goal, the 10-billion-dollar market for fibre-based packaging to break through, they say. HP already offers the 3D-printable Molded Fiber Tooling Solution in this area, which can be used to create fibre-based products. brought to market faster and more cost-effectively become.
The Scottish packaging specialist Choose will be integrated into the HP business unit Personalisation & 3D Printing integrated.
SourceHP
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