Steven Wiseglass of Inquesta

A company which manufactures eco-friendly packaging for takeaway food items has been bought out of administration, saving the jobs of its 14 staff.

Steven Wiseglass, a director at Manchester-based Inquesta Corporate Recovery & Insolvency, was appointed administrator of the Salford-based company, Eco Packaging Products Ltd, on Thursday February 15.

Following his appointment, Mr Wiseglass completed the pre-pack sale of the business to EP2 Packaging Ltd.

Mr Wiseglass said: “Eco Packaging Products showed great potential and spent a lot of money on research and development, but unfortunately business did not go quite the way its owners wanted.

“We are pleased that the business has been sold and that the jobs of its employees have been safeguarded, and hope it flourishes under its new ownership.”

Eco Packaging Products was founded in February 2020 and operated from a 25,000sq ft facility in Little Hulton, Salford.

The company supplies wholesalers with a range of “corrugated cardboard” and solid board takeaway food boxes which are “free of plastic, responsibly sourced and biodegradable.” They are used for snacks and meals as well as cakes and baked goods, pizzas, burgers and chips.

Its wooden cutlery is produced from ethically sourced birchwood and all items are recyclable, biodegradable and compostable, as are its paper straws and cups.

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