Ranpak acquires Recycold Cool Solutions
Ranpak Holdings Corp, one of the leaders of environmentally sustainable, paper-based packaging for e-commerce and industrial supply chains, has acquired Recycold Cool Solutions, a manufacturer of sustainable cool packs.
Unlike typical cool packs, Recycold Cool Packs are made from a drain-safe, plant-based gel and their addition expands the diversity of Ranpak’s cold chain packaging offering.
‘We are thrilled to add Recycold and its Recycold Cool Packs products to our portfolio of sustainable cold chain packaging solutions at Ranpak. Recycold will immediately bolster our position as a highly effective thermal solution provider in the marketplace,’ said Omar Asali, chairman and CEO of Ranpak. ‘This acquisition reflects our focus on growth-oriented new products and our shared vision on eco-friendly solutions that express the values with which we operate Ranpak’s business worldwide.
‘We have received great feedback from customers about Recycold Cool Packs. Recycold products are already sold in 14 European countries, and we look forward to leading further worldwide expansions in the future. Ranpak will also be integrating Recycold’s innovative manufacturing operations into the new Ranpak Netherlands facility, expected to open by the end of 2022.’
Ranpak has been active in the cold chain field for several years with its WrapPak Protector thermal liner. The paper pads trap air and prevent heat conduction, creating an insulator for cold chain applications. Cooling is needed to keep products cold up to 48 hours, and Ranpak recommends using Recycold Cool Packs as the most sustainable option in the market to meet this requirement.
‘Recycold and Ranpak have been collaborating for several years now and I am so pleased that, under Omar’s leadership, Ranpak can take our business to greater levels,’ commented Ruud Titulaer, co-founder and managing director of Recycold. ‘Our companies share common values for a more sustainable world, and the combination of Recycold and Ranpak products will provide an unmatched unboxing experience. We are so pleased to be part of the Ranpak family, with the ability to further integrate our offerings for a more streamlined thermal protection solution for our customers and to collaborate even more closely on future product developments.’
Stay up to date
Subscribe to the free Label News newsletter and receive the latest content every week. We'll never share your email address.