Aquapak Polymers Limited, a British-based polymer production company, secured a strategic investment from London-based private equity fund ADM Capital Europe’s Cibus Enterprise Fund. The investment will boost the rapidly growing company and facilitate further development of its innovative, sustainable consumer products. Faegre Drinker represented Aquapak in the investment.
Aquapak develops and manufactures marine-safe and non-toxic hydrophilic polymer resin pellets, which enable users to maintain the primary function of their products while designing in end-of-life such as recyclability, repulpability, biodegradability and anaerobic digestion. Its novel biodegradable, non-toxic and water-soluble polymer called Hydropol is three times stronger than alternatives and can be easily processed into films, coating, laminates and injection moulds. This allows it to be used on its own, or in combination with other materials (especially paper) to provide innovative and functional packaging solutions in some global applications where packaging is not currently recyclable. The investment from Cibus will enable Aquapak to accelerate the development of Hydropol and expand its application within the global food sector.