ECO-BAGS, s.r.o.

ECO-BAGS, s. r. o. is a manufacturer of high-quality paper bags primarily for the food industry, focusing on eco-friendly packaging solutions that meet various customer needs.

ECO-BAGS, s. r. o. specializes in producing tailored paper bags for the food sector.

Founded in 2005 in Slovakia, the company was established by Axel Maggiore and Giorgos Anastasiou, who also serves as the CEO. The company has successfully completed one deal where Eco-Invest acquired ECO-BAGS, s. r. o.

Financial details of the acquisition were not disclosed. ECO-BAGS, s. r. o.

specializes in the manufacturing of high-quality paper bags primarily designed for the food industry. Their core product offerings include paper bags that cater to various use cases, such as packaging for bakery and confectionery products, as well as meals in fast-food establishments. These bags are tailored to meet the specific needs of their clients, ensuring that they provide optimal packaging solutions for food items that require both functionality and aesthetic appeal. The company serves a diverse clientele, including bakeries, restaurants, and fast-food chains across various geographical markets, focusing on regions that prioritize sustainable and eco-friendly packaging options.

By prioritizing customer satisfaction and maintaining a commitment to high standards of quality, ECO-BAGS, s. r. o. continues to build strong relationships with both customers and end-users.

In the most recent financial year of 2023, ECO-BAGS, s. r. o. reported a revenue of USD 21.

13 mn and an EBITDA of USD 4. 01 mn. The revenue generation model is centered on B2B transactions, primarily serving businesses in the food service and retail sectors, where clients place bulk orders for customized paper bags. Transactions are structured around contracts that may include set pricing or volume-based pricing incentives, emphasizing efficiency in transaction processes and customer service to ensure repeat business and long-term partnerships.

ECO-BAGS, s. r. o. plans to enhance its product line with new designs and features aimed at meeting emerging market demands while emphasizing sustainability.

The company is exploring expansion into new markets, particularly focusing on regions that have shown rising demand for eco-friendly packaging solutions. The recent acquisition by Eco-Invest is expected to provide the necessary capital to support these initiatives, allowing for further development of product offerings and geographical footprint.