UB FIGG led EUR 36.6 million investment round in traceless materials
United Bankers Plc PRESS RELEASE 25 September 2023 at 11:00 EEST UB FIGG led EUR 36.6 million investment round in traceless materials United Bankers’ UB Forest Industry Green Growth Fund I LP (“UB FIGG”) investing in sustainable and resource efficient forest and bio-based industries has completed the previously announced investment in traceless materials GmbH (“traceless”), a Germany-based company processing agricultural industry plant side-streams into fully biodegradable and home compostable, plastic-free natural biomaterials with applications for example in the packaging