PaperTech
FINDLAY, Ohio — PaperTech, a Findlay, Ohio-based manufacturer of pressed paperboard products for the food packaging and foodservice markets, announced the acquisition of Bake-Best Trays, a Redmond, Oregon-based manufacturer of pressed paperboard trays.
Bake-Best's pressed paperboard tray products are designed for ovenable applications, enhancing PaperTech's tray portfolio with additional formats, performance-oriented design features and microwave active susceptor solutions to improve the browning and crisping of food contents, said PaperTech. Founded in 2007, Bake-Best built a track record of supporting customers across various foodservice end markets, including processors, supermarkets, regional restaurant chains and schools, PaperTech said.
“The acquisition of Bake-Best expands the depth and flexibility of our pressed paperboard tray platform,” said Chris Collis, CEO of PaperTech. “Bake-Best’s ovenable tray designs and susceptor-enabled solutions complement our existing capabilities and strengthen our ability to support customers where cooking performance, consistency and presentation matter. We are excited to build on Bake-Best’s established customer relationships and deliver additional value through an expanded product offering.”
The acquisition broadens the solutions available to food processors, distributors and foodservice operators while helping PaperTech continue to provide customers with sustainable alternatives to CPET and polypropylene packaging, the company said.
Paul Hastings served as legal advisor to PaperTech. Steven M. Berne served as legal advisor to Bake-Best.
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