El Paso, TX-based Handgards, a distributor of foodservice products, acquired Albany Packaging USA.
Headquartered in Dearfield Beach, FL, Albany is a distributor of foodservice packaging, primarily paper folding cartons sold to supermarkets, bakeries, restaurants, and convenience stores.
“Albany’s presence in paper-based foodservice packaging and its reputation for quality make it a perfect complement to our existing product portfolio,” Handgards CEO Joe Kubicek said in a Sept. 25 news release. “Together, we will expand our capabilities and better serve our customers across the foodservice industry.”
The owners of Albany Packaging USA, Mitch and Jay Fisher, shared that joining forces will allow the company to accelerate its vision.
“Their culture, leadership, and track record make them the right partner to take what we’ve built and elevate it to the next level,” the Fisher’s said in the joint statement.
Handgards — a portfolio company of middle-market private equity firm Wynnchurch Capital — has product lines in disposable gloves, paper foodservice packaging, tabletop items, expendables and other carryout products. The company operates 14 facilities with over one and a half million square feet of space and ships over 24 million cases of product annually.
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