M&A Deal Summary

Sabert Acquires LBP Manufacturing

On November 4, 2019, Sabert acquired packaging company LBP Manufacturing

Acquisition Highlights
  • This is Sabert’s 4th transaction in the Packaging sector.
  • This is Sabert’s 4th transaction in the United States.
  • This is Sabert’s 1st transaction in Illinois.

M&A Deal Summary

Date 2019-11-04
Target LBP Manufacturing
Sector Packaging
Buyer(s) Sabert
Deal Type Add-on Acquisition
Advisor(s) Rothschild Global Advisory
Lazard (Financial)

Target

LBP Manufacturing

Cicero, Illinois, United States
LBP Manufacturing LLC is a producer of environmentally progressive and sustainable food and beverage packaging. LBP Manufacturing LLC is widely known for its hot beverage solutions such as the original Coffee Clutch hot cup sleeve and Beverage on the Move insulated beverage to-go carrier in addition to a variety of unique catering trays, folding cartons, clamshells, and other containers.

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Buyer(S) 1

Buyer

Sabert

Sayreville, New Jersey, United States

Category Company
Founded 1984
Sector Packaging
DESCRIPTION

Sabert Corp. is a food service packaging manufacturer.


DEAL STATS #
Overall 4 of 4
Sector: Packaging M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: Illinois M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-18 Mullinix Packages

Fort Wayne, Indiana, United States

Mullinix Packages, Inc. is a manufacturer of thermoformed packaging for the food industry. The company manufactures custom and stock trays, clamshells, lids and cups for food processing, food service and retail end markets. Mullinix's customer base includes branded and private label food processors, food packaging companies, quick service restaurants and foodservice distributors.

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