Thermoform Packaging Manufacturer
Growth Capital | VCTs
North East Development Capital Fund
iPac Packaging Innovations is a business that manufactures sustainable thermoformed packaging, primarily used in the food and pharmaceutical sectors, and has secured supply chain contracts with several tier-one food suppliers.
The iPac business has strong environmental credentials, with all of its products being 100% recyclable, and works with its customers to produce innovative, reliable, and eco-responsible plastic packaging in line with essential sustainability requirements. Over 85% of the plastic used in the manufacturing process is recycled, with iPac also contributing to global plastic waste prevention by developing a range of packaging products that use plastics salvaged from the ocean.
iPac’s products are in high demand as consumers are being increasingly proactive in their pursuit of products and packaging consistent with a more sustainable lifestyle, whether by choosing brands that have ethical or environmentally sustainable practices or by no longer purchasing particular products due to their perceived lack of ethical values.
We are delighted to welcome the Maven VCTs to the business as a key funding partner. This transaction underpins our ambitious growth plans which will see us invest in additional thermoforming capacity and site improvements allowing us to further support new and existing customers as we continue iPac’s exciting growth journey.
Jonny Catto, Managing Director and Co-founder at iPac
Meet the lead executive(s)
Senior Investment Manager