22 Dec 2022 --- Blue Ocean Closures has obtained a second investment from co-owner Alpla Group to expand and accelerate the commercialization of its environmentally sustainable closure solutions. Alpla has decided to further invest in Blue Ocean Closures to increase the possibilities of growing the Swedish start-up’s environmentally sustainable operations and activities in the field of fully bio-based, biodegradable and recyclable caps and lids. “The first investment Alpla made was exploratory into new and existing technologies. The second investment is based on proof of concept and focused on go-to-market activities. The investment helps secure commercialization and speed up the route to market for the closures concept in 2023,” Lars Sandberg, CEO and founder at Blue Ocean Closures, tells PackagingInsights.
