The deal leverages Tiderock’s established market relationships across quick service restaurants, food producers and transportation companies, to capitalize on the Europe’s accelerating shift to renewable and compostable materials. NextGen Bioplastics’ portfolio includes a full suite of biodegradable single-use content containers, deli packaging, and food service solutions.
“This agreement aligns with our strategy to scale sustainable manufacturing solutions and leverage our deep market relationships in Europe,” said William Waldrop, Director of Tiderock Companies, in a press statement. “By combining Tiderock’s distribution network and NextGen’s innovative product line, we are ideally positioned to meet the growing demand for compliant, eco-friendly packaging.”