# Duni acquires 75% of BioPak, Australian sustainable food packaging supplier

Duni acquired 75% of BioPak Pty Ltd, a supplier of sustainable disposable food service packaging in Australia and New Zealand, for approximately SEK 410 million. A further 20% stake is subject to put and call options after five years.

- Type: Acquisition
- Announced: 2018-10-15
- Where: Australia
- Value: $44.0M (410.0M SEK)
- Jobs: 26
- Status: completed
- Products: sustainable disposable food service packaging, bioplastic and fiber packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Duni](https://endata.com/companies/3054.md) (acquirer)
- [BioPak](https://endata.com/companies/4035.md) (target)

## Sources

- [prnewswire.co.uk](https://www.prnewswire.co.uk/news-releases/duni-acquires-shares-in-biopak-pty-ltd-the-leading-supplier-of-sustainable-packaging-in-australia-and-697552711.html), 2018-10-15: "On October 15, 2018, Duni acquires 75% of BioPak Pty Ltd from entrepreneurs Gary Smith and Richard Fine."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.