Matrix Pack would like to announce the following business developments:
- attracted an investment of €18m with the entry of "SouthBridge Europe Mezzanine II " investment capital
- issued a long-term green bond loan of €15m equally covered by Piraeus and Alpha bank
- completed the acquisition of the company " The Paper Straw ', which has an established production facility in the United Kingdom as well as a significant presence in the European market. This acquisition will accelerate the growth of the group and bring about significant synergies
- Today, Matrix Pack following the above addition, is the largest producer in the world with an annual production capacity of 20 billion in paper straws and has facilities in 5 countries, Greece, United Kingdom, Bulgaria, Poland and Spain that allows the group to proceed to a seamless and flexible expansion in paper straw, as well as its entering in new complementary product categories.
Matrix Pack continues to invest strongly in new innovative products, is currently in the final phase of R & D for 2 new products and will announce the start of their production very soon.