About Close the Loop Group

Well positioned within the circular economy, Close the Loop Group consists of the merging of two secondary business groups- Close the Loop and O F Packaging and their subsequent divisions.

The combining of these two entities allows for end-to-end solutions across packaging and consumables to a variety of markets, with advanced innovation in product development, as well as end of life take-back and recovery systems for complex commodities to greatly reduce waste to landfill.

With a Founder-led Board and Management Team, Close the Loop Group are leading with deep expertise and ideally placed to execute on growth strategy. This includes key acquisitions of complimentary businesses as we continue to expand.

Our Specialty Products

Through O F Packaging, Close the Loop Group has been involved in the introduction of mono-based polymer solutions for soft plastic packaging applications, as well as award-winning innovations in re-useable pouch packaging.

Close the Loop Group intends to undertake mechanical recycling of plastics such as e-waste and post-consumer soft plastics, which are used to make rFlex™ (for injection moulded products) via a unique advanced manufacturing line.

Rigid plastics are pelletised and sold back to OEMs for use in new product manufacture.

Close the Loop has also developed TonerPlas®, a patented asphalt additive made from soft plastics and waste toner powder.

Sydney – September 16, 2014: Resurfacing of Watkin Street, Newtown, using ashphalt containing recycled printer toner (photo by Jamie Williams/City of Sydney)

Company History

April 2023

ISP Tek acquired

February 2023

InPlas acquired

August 2022

Alliance Paper acquired

March 2022

Crasti & Co acquired

December 2021

Oceanic Agencies acquired

December 2021- O F Pack and Close the Loop merge to create Close the Loop Group


O F Resource Recovery founded

Omniverse Foster rebrand to O F Packaging, O F Flexo acquisition


The Pouch Shop & Inno Bagclosures founded

ClozDloop acquired to bolster European operations

Foster Packaging AU & Omninverse Group merger


Omniverse group founded

HP won as a customer

Over 21m cartridges processed since inception

Foster Packaging AU founded

Xerox US won as a customer


Foster Packaging South Africa first to market with digital print packaging

US office opens with collection arrangements with
Lexmark and Staples


Foster Packaging Ireland founded

Printer & cartridge recycling program launched in Australia

Close the Loop founded


Foster Packaging South Africa founded