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Home > Companies > StePac
Claimed by owner Last Update 1.5.2023 Suggest Edits Claim Profile
Claimed by owner
StePac logo

StePac

Modified Humidity Packaging for Produce

Non Visible
Acquired by Nili Capital on Apr, 2020
StePac
About
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About

StePac 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 ensures an extended shelf life while maintaining the freshness, flavor, and nutritional value of produce.

The polymers of the companys 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 also manufactures CARERITE sterilization packaging, a line of infection-control barrier films and sterilization bags designed for medical, dental, and veterinary clinics.

Founded

Business models

B2B

Employees

Product stage

Primary Sector

AgriFood-tech & Water

Products

Xtend, CARERITE, Xgo, Xflow

Geographic markets

Turkey, United States, Guatemala, Argentina, Kenya, Colombia, Brazil, Mexico, Israel, Chile, India, Peru

Funding

Total Funding

Undisclosed

Last Funding

Undisclosed

Funding Stage

Total Rounds

0

Investors

0

The Team

(3)
AS
Asaf Shachnai
CEO, VP Marketing & Sales
GW
Gary Ward
CTO
HN
Hila Nagel
Marketing Communications Manager
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Company Lifecycle

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Public Offerings & Exits

M&A EXIT
$20M
Jan 2015
Type Acquisition
Was acquired by
Johnson Matthey logo
Johnson Matthey
$20M
M&A
Undisclosed
Apr 2020
Type Acquisition
Was acquired by
Nili Capital logo
Nili Capital
Undisclosed

Locations

Israel

Migdal Tefen, Israel

Offices Abroad

Rua Itpolis, 1921 - Consolao, So Paulo - State of So Paulo, Brazil

Sector

Climate Tech
Clean Industry Tech
Sustainable Materials & Circularity
AgriFood-tech & Water
Produce Preservation & Trade
Produce Drying
Food Processing
Packaging

Core Technology

Materials & Substances
Polymers

Target Customer

Agriculture & Food
Crops

Tags

(16)

Locations

Israel

Migdal Tefen, Israel

Offices Abroad

Rua Itpolis, 1921 - Consolao, So Paulo - State of So Paulo, Brazil

Notes

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