Handgards, a distributor of foodservice products, has acquired Inno-Pak, a leader in sustainable food packaging solutions, to enhance its product offerings and capture growth opportunities in the foodservice industry.

Overview of the Target

Inno-Pak, LLC, founded in 1992 and based in Delaware, Ohio, stands out as a North American leader in the development of innovative and sustainable food packaging solutions tailored for the foodservice, grocery, convenience store, and hospitality sectors. The company has an extensive portfolio boasting over 170 patents across various substrates, positioning it as a key player in the food packaging industry.

As a proud member of the Sustainable Packaging Coalition, Inno-Pak emphasizes the importance of recyclable, reusable, and compostable materials. This focus not only reflects the company’s commitment to sustainability but also aligns with growing consumer preferences for environmentally-friendly packaging solutions.

Industry Overview in the United States

The food packaging industry in the United States has been experiencing considerable growth, driven by increasing demand for convenient and sustainable packaging solutions. The rise in consumer awareness re