# Close the Loop Group acquires Alliance Paper

Close the Loop Group acquired thermal paper supplier Alliance Paper for $1 plus an investment in working capital of approximately $4.5 million. Alliance Paper supplies food-grade recycled paper products and has customers including major Australian supermarkets and brands.

- Type: Acquisition
- Announced: 2022-07-29
- Where: Australia
- Value: $3.10M (4.50M AUD)
- Status: completed
- Products: thermal paper, food grade recycled paper, recyclable coffee cups, recyclable eskys
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Close the Loop Group](https://endata.com/companies/64430.md) (acquirer)
- [Alliance Paper](https://endata.com/companies/64431.md) (target)

## Sources

- [foodanddrinkbusiness.com.au](https://www.foodanddrinkbusiness.com.au/news/close-the-loop-acquisition-to-increase-food-grade-recycled-packaging), 2022-07-29: "Close the Loop Group has acquired thermal paper supplier and sustainable paper products group Alliance Paper, paying $1 together with an investment in working capital of approximately $4.5 million for the company."

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