Sabert Corporation Announces Agreement to Acquire Kalman Packaging

Sabert Corporation, a leading global food service packaging manufacturer, announced today that it has entered into a definitive agreement to acquire Kalman Packaging Inc. (Kalman), a North Carolina based manufacturer of thermoformed plastic hinged food containers, focused on the bakery/supermarket sector.

As the food industry continues to grow, expand and differentiate, Sabert Corporation makes it a priority to keep an eye on growing trends, providing customers with a broad offering of food packaging products and solutions. One segment that continues to grow across multiple channels is bakery, which Sabert has identified as an area of opportunity to develop a more complete packaging offering.

“I’m very excited about this deal, and proud to become part of the Sabert family. I believe that this relationship will help to accelerate new product development in this segment,” said Dan Kalmanides, owner and President of Kalman Packaging. “With the acquisition of Kalman, Sabert will be able to provide new innovation and versatile packages designed specifically for pies, cupcakes, muffins, and other bakery foods.”

The transaction provides a meaningful addition to Sabert’s portfolio, while creating opportunities to further broaden Sabert’s reach across multiple channels and better serve customers, with the quality and great look Sabert products are known for. John Healey, Sabert’s North America President, commented, “We are delighted to announce this acquisition, which is consistent with our company’s mission to enhance and advance the way people enjoy food.” As a fast-growing, privately held business, Sabert continues to drive organic growth and deliver superior customer value through continued investments in product development and innovation.