Private Equity Firm Invests in Aquapak

ADM Capital Europe, LLP, a London-based private equity advisory firm, reported that its Cibus Enterprise Fund has invested in the British polymer production company Aquapak Polymers Ltd.

Aquapak has developed a biodegradable, non-toxic, and water-soluble polymer called HydropolTM, which is three times stronger than alternatives and can be processed into films, laminates, and injection molds, giving it a wider range of applications, according to a company news release. The base plastic is currently used for dishwasher tablets, ingestible pill casings, and soluble stitches.

“With Cibus’ support, we look forward to accelerating the development of HydropolTM into a platform technology which can bring a wide number of truly circular economy packaging solutions over the coming years to the global food sector and beyond,” says Mark Lapping, CEO of Aquapak.