Investors include a strategic investment from Kruger Inc and current angel investors DBL Investors, Catamount Ventures and Black Bear Partners.
As part of the investment agreement, Kruger will become the exclusive licensee and manufacturer of Ecologic’s paper bottle technology in Canada.
Kruger’s Consumer Products Division currently serves the US and Canadian markets with numerous well-known tissue product brands, and the eco.bottle opens doors to other types of consumer-facing goods.
“We are thrilled to partner with Ecologic, a company whose goal is to provide differentiated and innovative sustainable packaging solutions to consumers around the globe,” said Michael Lafave, senior vice president, containerboard/packaging & recycling at Kruger. “We are especially excited to bring the Ecologic paper bottle technology to our customers in the Canadian market as an additional offering to complement our corrugated packaging solutions.”
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