Foster International Packaging (Pty) Ltd.’s Australian sister company, O F Packaging (Pty) Ltd., merged with Close the Loop in December of 2021 to form Close the Loop Limited (ASX: CLG). In the lead up to and following the merger, the entity made a series of acquisitions- To date, there are 16 different divisions and brands currently operating within the Group, including our own business.
With locations across the United States, Australia, South Africa and Europe, our Group collects and repurposes products through takeback programs, and provides sustainable and high- performance packaging products which allow for greater use, recoverability and recyclability as key outcomes.
In 2023, the business decided to begin the process to align all operations under the Close the Loop brand and name.
We are excited to announce that from July 1, 2024, Foster International Packaging (Pty) Ltd. will be represented in the marketplace by the Close the Loop name and new visual brand identity.
New Look, Same Business- Introducing our Close The Loop Brand
Since O F Packaging and Close the Loop merged in December of 2021, the combined company has continued to strive for excellence and innovation in both the packaging and resource recovery/ recycling sectors, operating across 4 diverse global regions in the US, Europe, Australia, and South Africa.
The updated brand mark you will begin to see in the market embodies the bold and passionate energy that defines Close the Loop and has been designed to represent the journey of the business to this point, as well as provide an outlook to our exciting future.
The work we do to create better packaging products for brand owners while collecting, sorting and recycling difficult product streams may be messy and complex, but the ethos is simple- our name is our mission.
We look to continue the great work that we are already achieving in our industries while expanding our sustainability-focused offerings to develop even greater pathways for clients towards a circular economy, a closed loop material chain.
The loop utilised by the new brand represents the two key segments in which the business operates, with one side representing collection, and the other representing creation. The colours chosen reflect the history of our individual businesses, while also linking to the environment and innovation, symbolising the ongoing evolution of our business and the people that work within it.
All businesses that are part of Close the Loop, including Foster International Packaging, will transition to the new Close the Loop brand- with a reinvigorated drive for continual evolution, innovation, and growth for ourselves and our partners.
Visit Close the Loop (ww.closetheloop.com.au) to see more about our business offering.