# ALPLA takes over Billerud's shares in Paboco paper bottle joint venture

ALPLA is taking over all of Billerud's shares in Paboco, the Danish joint venture making fully recyclable paper bottles, and becomes majority shareholder to scale up manufacturing. The article is dated 24 October 2023.

- Type: Acquisition
- Announced: 2023-10-24
- Where: Denmark
- Status: announced
- Products: fully recyclable paper bottles
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [ALPLA](https://endata.com/companies/889.md) (acquirer)
- [Billerud](https://endata.com/companies/10788.md) (partner)
- [Paboco](https://endata.com/companies/11147.md) (target)

## Sources

- [packagingstrategies.com](https://www.packagingstrategies.com/articles/104208-denmarks-paboco-to-produce-fully-recyclable-paper-bottles-at-new-facility-in-2024), 2023-10-24: "ALPLA is now taking over Billerud's shares and, as majority shareholder, is investing in scaling up manufacturing capacity."

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