Ranpak Makes Strategic Investment in Creapaper, Innovative German Leader in Environmentally-Sustainable Grasspaper

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Oct 05, 2021

Ranpak+Holdings+Corp. (“Ranpak”) (NYSE: PACK), a global leader of environmentally sustainable, paper-based packaging solutions for e-commerce and industrial supply chains, today announced its recent investment in Creapaper+GmbH (“Creapaper”), the inventor of grasspaper and provider of grasspaper products. Creapaper announced concurrently today that the company successfully completed financing round B with new investors including Ranpak, JS Capital, Schusterman Family Investments and Soros Capital.