E-commerce platform Liquidity Services has partnered with financial services firm Tiger Group to sell moulded-pulp packaging equipment from defunct manufacturer Zume.

The sale features late-model processing and packaging lines from Zume’s 70,000ft² facility in California. Other assets include industrial robots and CNC machines.

Zume was reportedly one of the few companies in North America to manufacture leak-proof, compostable packaging out of pulp fibre.

The pulp and fibre moulding and packaging manufacturing equipment includes thermoformer presses, pulp-formers, trimmers and five complete thermoformer production lines and manufacturing centres.

Moulded fibre packaging is projected to grow at a compound annual growth rate of 7.2% during the forecast period of 2023 to 2028, driven by the surge in demand for eco-friendly packaging solutions.

Tiger Group director of business development Jonathan Holiday commented: “Green and sustainable packaging clearly is a growth sector given the increasing urgency that many countries and communities feel about combatting single-use plastic pollution.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This IP includes all the tech specs and other assets a buyer would need to hit the ground running with Zume’s process for manufacturing moulded-pulp packaging.”

Before its collapse in June 2023, Zume created a PFAS replacement for food packaging and acquired plant-based textile producer Pivot Packaging.

The sale is currently open for bidding and lots begin closing at 10:30AM (PT) on 29 June.