Monday, December 01, 2025 | 01:07 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Solegear buys Lindar's bioplastic division

Latest US acquisition accelerates Solegear's bioplastic packaging market share growth

Solegear's bioplastic packaging solutions
premium

Solegear's bioplastic packaging solutions

BS B2B Bureau Vancouver, Canada
Solegear Bioplastic Technologies Inc, the Canadian firm that makes bioplastics from renewable plant-based sources, has acquired Lindar Corporation’s bioplastic division for CAD$ 845,000. The purchased assets generated over CAD$1.3 million in revenue in 2015. 

Located in Minnesota (USA), Lindar has been producing thermoformed packaging since 1993 and is a recognised leader in packaging innovations, including single-serve and tamper evident food packaging. 

“The food industry has been most significantly impacted by consumer and regulatory concerns about safety. Lindar was one of the early innovators to embrace the important role packaging design can play in ensuring food safety. By combining Lindar’s thermoformed packaging know-how