Germany’s Delivery Hero invests in biodegradable packaging manufacturer Bio-Lutions

Companies and governments around the globe are moving to mitigate the menace of plastic waste.

In a significant development, German food delivery company Delivery Hero announced it has invested in biodegradable packaging manufacturer Bio-Lutions. The move comes midst companies and governments around the globe seeking to reduce plastic waste.

According to Hamburg-based Bio-Lutions International AG’s website, the company produces disposable tableware products that are compostable and biodegradable.

“Improving the way to package delivered food sustainably with the help of Bio-Lutions will allow us to help reduce our carbon footprint,” said Delivery Hero CEO Niklas Oestberg in a statement.

Delivery Hero and Bio-Lutions did not disclose terms of the deal.

While legislators from U.S. cities have banned plastic straws, single-use plastic items such as straws, forks and knives will be banned in the European Union by 2021.



Categories: Creativity, Entrepreneurship, HR & Organization, Strategy, Sustainability

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