American manufacturing solutions provider Jabil has acquired US-based sustainable packaging solutions provider Ecologic Brands.
The acquisition will help Jabil enhance its sustainable packaging capabilities and consumer packaged goods (CPG) offerings.
Based in Oakland, California, Ecologic Brands specialises in manufacturing paper bottle and paper-based packaging solutions.
L’Oréal, Seventh Generation and other major CPG brands leverage Ecologic’s eco.bottle to meet their sustainability goals and reduce plastic packaging.
The eco.bottle is made from recycled cardboard.
Jabil senior vice-president and Jabil Packaging Solutions CEO Jason Paladino said: “By fuelling Ecologic’s unique paper bottle technology with Jabil’s advanced manufacturing solutions and global scale, we aim to help all consumer brands dramatically reduce plastics in packaging worldwide.
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By GlobalData“We’re thrilled to be adding a talented team plus unique and innovative products that directly support our customer demands and Jabil’s enterprise sustainability goals.”
Financial details of the transaction remain undisclosed.
Ecologic’s Manteca operation will integrate into Jabil Packaging Solutions division.
The team and operations will join Jabil, but the company will retain the Ecologic name as its sustainable packaging product platform.
Ecologic Brands founder CEO Julie Corbett said: “I am so proud that our paper bottle was the world’s first breakthrough technology that helps solve the growing environmental challenges caused by plastic.
“Our pioneering efforts created and validated market opportunity, and now, Jabil provides the ideal mix of global footprint, manufacturing excellence and a customer-first culture to fully pursue our vision of leadership.”