Genera completed the acquisition of Zume.

Transaction Tags

• Delivery Services
• food delivery services
• United States
• Domestic
• Private
• Friendly
• Single Bidder
• Acquisition
• Majority
• Completed

Synopsis

Genera, a vertically integrated manufacturer of sustainable and compostable products for foodservice, retail, and consumer packaging, completed the acquisition of Zume, a manufacturing technology company focused on food packaging. Financial terms were not disclosed. “We are excited to capitalize on the opportunity to acquire Zume’s assets. The strong financial backing of our ownership team has enabled us to accelerate our expansion plan and quickly meet the needs of our growing customer base. Genera continues to lead the transition to a biobased economy with molded fiber products as the first pillar,” Ben Mascarello, Genera CEO.

Sources