StePac PPC
Modified Humidity Packaging for Produce
Startup Acquired Agriculture & Food Technologies Est. 1992 Acquired
Total Raised
Undisclosed
Acquired
Last Round
Undisclosed
Team
6
11-50 employees
Confidence
91/100
News
10
articles
About
StePac PPC develops and manufactures high-quality, precision-engineered modified atmosphere/modified humidity (MA/MH) packaging for fresh produce. Tailor-made for each specific type of vegetable, fruit, or herb, StePac PPC ensures an extended shelf life while maintaining the freshness, flavor, and nutritional value of produce. The polymers of the company's Xtend MA/MH packaging are engineered to allow the produce inside the bag to equilibrate within the specific range of O2 and CO2 concentrations required by the particular fruit or vegetable. Xtend slows senescence (aging), maintains the nutritional value and flavor of produce, reduces decay, preserves firmness, and prevents shriveling. StePac PPC also manufactures CARERITE sterilization packaging, a line of infection-control barrier films and sterilization bags designed for medical, dental, and veterinary clinics.
Classification
Sector
Climate TechClean Industry Tech Sustainable Materials & CircularityAgriculture & Food TechnologiesFood TechFood Trade & ServicesAg TechFarm Equipment & Treatment
Core Technology
Materials & SubstancesPolymers
Target Customer
Agriculture & FoodCrops
Business Model
B2B
Tags
food-safetyfoodtechflexible-packagingpostharvestmaterialsstorageagtechpolymerscropsclimate-techmedical-productsretailersagriculturedentalfood-and-beveragepackaging-and-containers
Funding & Events
Jan 2015
Exit $20M
Feb 2023
Exit Undisclosed
Apr 2020
Exit Undisclosed
News (10)
Feb 8, 2023 · www.petfoodprocessing.net
growth-positive
PPC acquires Israel-based packaging manufacturer
AcquisitionExpand
Sep 22, 2021 · www.prnewswire.com
growth-positive
StePac Launches Lean and Fully Recyclable Top Seal Solution
CustomersPartners
Dec 2, 2020 · www.prnewswire.com
growth-positive
StePac Acquisition By Nili Capital: New Prospects For Growth
Acquisition
Mar 26, 2020 · www.perishablenews.com
growth-positive
StePac: Smart Packaging Enhances Food Safety and Security - Perishable News
CustomersPartners
Oct 10, 2019 · www.prnewswire.com
growth-positive
StePac Launches Sustainable Packaging Strategy
Customers
Feb 6, 2018 · www.prnewswire.com
growth-positive
Fresh and Innovative: Novel Packaging Solutions Offered by StePac at Fruit Logistica 2018
CustomersPartners
Oct 19, 2017 · www.freshplaza.com
FreshPlaza: Global Fresh Produce and Banana News
Oct 17, 2017 · www.prnewswire.com
growth-positive
Retailers Get Excited About New StePac Technologies Used in Fresh Produce Packaging
Customers
Jun 4, 2015 · www.globes.co.il
growth-negative
Johnson Matthey buys Israel packaging co StePac
Acquisition
Jan 19, 2015 · www.fruitnet.com
growth-positive
Stepac in dual Berlin launch
Customers
Details
Product Stage
Released
Employees
11-50
Exact Count
49
Founded
1992
Registrar
511442527
Crunchbase
stepac
Locations
Migdal Tefen, Israel
Rua Itápolis, 1921 - Consolação, São Paulo - SP, 01245-000, Brazil
3111 Camino Del Rio N #400a, San Diego, CA 92108, USA
Links
Website
LinkedIn
Twitter
Facebook
Admin
Last Update
Aug 21, 2024
Verified by
Jenny Sotnik-Talisman
Missing
funding rounds, markets, not claimed
Team (6)
Asaf Shachnai
CEO, VP Marketing & Sales
Yossi Blank
CIO
Garold Zeltzer
COO
Gary Ward
CTO
Hila Nagel
Marketing Communications Manager
Rakefet Benor
Senior Executive Human Resources
Internal
Created by
Sharon Shapira (shapira.sharon2@gmail.com)
Created
2015-02-02T00:00:00.000Z
Last editor
Ortal Wein (ortalw@sncentral.org)
Status
Acquired by Johnson Matthey on Jan, 2015