Sabert acquires Mullinix Packages
Sabert Corporation has completed the acquisition of Mullinix Packages, Inc. (Mullinix) from Mason Wells. Mullinix is a U.S. provider of plastic packaging solutions to food processors and the foodservice industry.
Operating primarily out of Fort Wayne, Indiana, Mullinix extrudes and thermoforms products using a wide array of materials including PP, APET, CPET, PLA and barrier materials, according to the company. Mullinix provides more than 200 customers with packaging solutions and technology in barrier packaging and extended shelf life.
Mullinix provides a mix of custom and stock products to the foodservice and food processor markets including hinged containers, deli containers, microwavable/ ovenable trays, drink cups, sleeved cups and trays for the case ready and prepared foods markets. With the addition of Mullinix, Sabert’s annual sales will exceed $500 million.
Mesirow Financial served as Sabert’s exclusive financial advisor and Gibbons P.C. served as Sabert’s legal advisor.