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Boulder’s Eco-Products Inc. sells to plasticware company Waddington


Boulder’s Eco-Products Inc. sells to plasticware company Waddington

POSTED BY administrator on Nov 28 under Kitchenware

Boulder’s Eco-Products Inc. sells to plasticware company Waddington
News from Daily Camera:

Plastic kitchenware products maker Waddington North America has acquired Boulder-based Eco-Products Inc., a supplier of compostable and environmentally friendly food service items, the companies announced Tuesday.

Financial terms of the acquisition were not disclosed.

Officials for Waddington and its parent company, Olympus Partners — the Stamford, Conn.-based private equity firm that acquired Waddington last month — said they “remain committed to (Eco-Products’) core mission of environmentally friendly disposables.”

Eco-Products will operate as a standalone division of Waddington, and its facility at 4755 Walnut St. and its 50 employees will remain, Mike Evans, Waddington’s president and CEO, wrote in an email to the Camera.

“I believe that there is great potential for this brand and for sustainable foodservice products,” Evans said. “We are delighted to welcome Eco-Products to our family of companies.”

Waddington produces a variety of disposable kitchenware products including PET bowls, plastic soft-sided cups and dinnerware and stemware designed to mimic china and crystal.

Waddington has operations in California, Massachusetts, Tennessee, Texas and Montreal. Several of those facilities eventually will manufacture products for Eco-Products, Evans said.

Eco-Products’ items now are manufactured overse…………… continues on Daily Camera

… Read the full article

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