PAC adds water – creating a stir
By Canadian Packaging staffGeneral Sustainability 2015 Canadian Water Summit Actual Media Blue Events Inc. an Ontario Canada Corporation Canadian Water Summit PAC Packaging Consortium ReNew Canada Water Canada
Addition of Canadian Water Summit conference adds to PAC's leadership in North American waste reduction.
PAC, Packaging Consortium has announced it has entered into a non-binding agreement to acquire a minority share of the Canadian Water Summit (CWS) conference from the sustainability consultancy Innovolve Group Inc. The publisher of Water Canada and ReNew Canada—Actual Media–has also taken a share in the newly formed venture under the name Blue Events Inc. an Ontario, Canada Corporation.
The expected closing date is January 30, 2015.
“For PAC and for me personally, this partnership with sustainability trailblazers continues the expansion of PAC’s leadership in the North American packaging community for waste reduction. In 2011 we initiated PAC NEXT for A World without Packaging Waste. In 2013 we launched PAC FOOD WASTE to be A Catalyst for Food Waste Packaging Solutions. This year we are adding water to build out our sustainability portfolio. This is a significant milestone for our industry,” says PAC chief executive officer James D. Downham, who has managed CWS event logistics for the past two years.
“After five very successful years, the time has come to welcome new partners to help expand the scope and impact of the Canadian Water Summit,” adds Innovolve chief executive officer Anthony Watanabe. “I couldn’t think of two better partners to help realize that goal than Actual Media and PAC, Packaging Consortium. Both organizations have played important roles in the Summit’s success to date and this share purchase represents a strategic next step in our relationship.”
Actual Media chief operating officer Todd Latham says: “As a supporter of the CWS since its inception in 2009, I’m particularly pleased to take an ownership stake in this important event on the water calendar in Canada.”
The 2015 Canadian Water Summit will take place in Vancouver on June 25, 2015 with a theme of “The Energy of Water.”
About the Canadian Water Summit
The Canadian Water Summit is the leading, national conference for water professionals seeking in-person and high value networking, industry-specific content and innovative leadership, technology and thinking on water issues in Canada from a local, national and international perspective. Together, the Blue Events Inc. team will build the CWS brand equity and ensure the event continues to deliver value to Canadian and international water leaders. For more information, visit www.watersummit.ca.
About the Packaging Consortium
PAC, Packaging Consortium is a not-for-profit corporation, founded in 1950. PAC is North American centric with global access. It advocates for all materials and for package neutrality through an all-inclusive, transparent and collaborative process. With 2,200 members come from all sectors of the packaging value chain, from start of life to next life, its networking process includes PAC webinars, seminars, conferences, competitions, facility tours, education programs, trade shows, technical work groups and social activities. From PAC Next, its initiative to eliminate packaging waste, to PAC Food Waste and now with this interest in Blue Events Inc., the industry is on a deliberate path to sustainability. For more information, visit www.pac.ca.