BIZTRACKS
Sabert Acquired by Private Equity Firm
Credit: Sabert
Butterfly Equity has entered into a definitive agreement to acquire sustainable food packaging solutions manufacturer Sabert Holding Corporation, expected to close by the end of 2026.
Sabert is a scaled food packaging platform with capabilities across plastic, paper, and molded fiber. The company operates 13 manufacturing facilities globally, including nine in the U.S., and serves customers across the food and beverage landscape, including foodservice distribution, supermarkets and grocery, restaurants, quick-service establishments, and protein and food processors. The business is supported by more than 400 product patents and research and development capabilities.
The acquisition advances Butterfly’s strategy of investing in the businesses that serve the food and beverage segment, including packaging.
Sabert Founder and CEO Albert Salama will remain a minority investor following the acquisition.
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