# Sabert Corporation to acquire LBP Manufacturing, food packaging maker

Sabert Corporation agreed to acquire LBP Manufacturing LLC, a Chicago-based maker of paper-based foodservice packaging with plants in the U.S., Poland and China. Sabert's annual sales will exceed $900 million after the deal.

- Type: Acquisition
- Announced: 2019-11-04
- Where: Chicago, Illinois, United States
- Status: announced
- Products: paper-based foodservice packaging, hot cup sleeves, folding cartons, clamshells
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [LBP Manufacturing](https://endata.com/companies/679.md) (target)
- [Sabert Corporation](https://endata.com/companies/2136.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/sabert-corporation-enters-definitive-agreement-to-acquire-lbp-manufacturing-llc-300950656.html), 2019-11-04: "Sabert Corporation... announced today that it has entered into a definitive agreement to acquire LBP Manufacturing LLC"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.