iPac Innovations

Thermoform Packaging Manufacturer

Deal Type
Growth Capital

Initial Investment
April 2019

Sector
Industrials & Engineering

Fund
North East Development Capital Fund

Status
Current

iPac manufactures sustainable thermoformed packaging, primarily used in the food and pharmaceutical sectors, and has secured supply chain contracts with several tier one food suppliers. Founded in 2016, the business operates from a modern 28,000 ft2 manufacturing facility in Gateshead and has a growing annual output of over 300 million units.

The business has strong ESG credentials, working with customers to produce innovative, reliable and eco-responsible plastic packaging which meets key sustainability requirements. At least 85% of the plastic used in iPac’s processes is recycled and all of their products are 100% recyclable. iPac also supports global plastic waste prevention, developing a range of packaging products that uses plastics salvaged from the ocean.

iPac Innovations

We are very happy to welcome Maven as a key business partner at this exciting time in our journey. Since commencing production less than two years ago, we have quickly established iPac as key player and innovator in our industry. 

Harry Reed, Managing Director of iPac Innovations

Meet the lead executive(s)

David Nixon
David Nixon

Senior Investment Manager

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