Butterfly Equity agrees to acquire food packaging maker Sabert
Los Angeles private equity firm Butterfly Equity has agreed to acquire Sabert Holding Corp, a US food packaging manufacturer operating 13 plants across North America, Belgium, England, Poland and China with about 3,000 employees. Financial terms were not disclosed; the deal targets a fourth-quarter 2026 close subject to antitrust clearance in the EU, UK and US. Founder Albert Salama will retain a minority stake and chief executive Paul McCann stays in place.
Why this mattersA further private equity bet on convenience food packaging signals continued sponsor appetite for foodservice-exposed plastics and fibre platforms with European manufacturing scale.
- Sabert operates 13 manufacturing facilities globally, including nine in the US.
- The company employs approximately 3,000 people across North America, Belgium, England, Poland and China.
- Sabert holds more than 400 product patents.
- Deal targets a Q4 2026 close, subject to customary closing conditions and antitrust clearance.
- Financial terms of the transaction were not disclosed.
- Founder Albert Salama will retain a meaningful minority investment; CEO Paul McCann remains in place.
- Sabert was founded in 1983 and is headquartered in Sayreville, New Jersey.
- Sabert makes trays, containers, cutlery, drinkware, platters and bowls from PET, rPET, PP, paper and moulded fibre.