# BillerudKorsnäs and ALPLA form joint venture for paper bottle company ecoXpac

BillerudKorsnäs and ALPLA announced a joint venture in Danish paper bottle company ecoXpac, with each to own equal shares alongside a minority stake held by the founder family. The venture aims to commercialise a fully biobased, recyclable paper bottle.

- Type: Acquisition
- Announced: 2019-04-03
- Where: Denmark
- Status: announced
- Products: paper bottles
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [BillerudKorsnäs](https://endata.com/companies/539.md) (partner)
- [ALPLA](https://endata.com/companies/889.md) (partner)
- [ecoXpac](https://endata.com/companies/4862.md) (target)

## Sources

- [billerud.com](https://www.billerud.com/press--news/press-releases/2019/billerudkorsnas-and-alpla-to-join-forces-to-pioneer-paper-bottles-for-a-sustainable-future), 2019-04-03: "BillerudKorsnäs and ALPLA today announced that they will form a joint venture in the Danish paper bottle company ecoXpac."

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