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5th April 2019

Maven provides £450,000 funding for iPac Packaging Innovations

Maven Capital Partners has provided a £450,000 debt funding package to Reed Thermoformed Packaging Ltd (trading as “iPac”) via the North East Development Capital Fund, supported by the European Regional Development Fund. The funding will enable the company to continue to invest in its state-of-the-art facility to deliver on its ambitious expansion plans.

iPac is a manufacturer of thermoformed packaging supplying bespoke and standard packaging for the food and non-food packaging sectors. The business offers innovative solutions to packaging challenges, combining ingenuity with extensive process, tooling and design expertise to deliver aesthetically and functionally superior packaging to food processing businesses, packers and retailers.

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