Handgards Acquires Albany Packaging USA

ROSEMONT, Ill.--(BUSINESS WIRE)--Handgards, LLC (“Handgards”), a leading distributor of foodservice products and a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”), today announced the acquisition of Albany Packaging USA (“Albany” or the "Company").

Headquartered in Deerfield Beach, Florida, Albany is a distributor of foodservice packaging, primarily paper folding cartons sold to supermarkets, bakeries, restaurants, and convenience stores. The Company’s products include a wide range of paper-based folding cartons and other foodservice packaging solutions, such as coffee sleeves.

“We are thrilled to welcome Albany Packaging to the Handgards family. Albany’s presence in paper-based foodservice packaging and its reputation for quality make it a perfect complement to our existing product portfolio. Together, we will expand our capabilities and better serve our customers across the foodservice industry,” said Joe Kubicek, CEO of Handgards.

“Joining forces with Handgards allows us to accelerate our vision and bring even more value to our customers. Their culture, leadership, and track record make them the right partner to take what we’ve built and elevate it to the next level,” said Mitch and Jay Fisher, Owners of Albany Packaging USA.

Foley & Lardner LLP acted as legal advisor to Wynnchurch.

About Albany Packaging USA:

Albany is a distributor of foodservice packaging, primarily paper folding cartons sold to supermarkets, bakeries, restaurants, and convenience stores.

About Handgards:

Handgards, headquartered in El Paso, Texas, is a leading distributor of foodservice products, including disposable gloves, paper foodservice packaging, tabletop items, expendables, and other carryout products. The Company operates fourteen facilities with over one and a half million square feet of space and ships over 24 million cases of product annually. For more information, please visit: www​.handgards​.com.

About Wynnchurch Capital:

Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement.

Wynnchurch manages a number of private equity funds with $8.6 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recently, Wynnchurch acquired Astro Shapes, a leading manufacturer of custom aluminum extrusions. Other recent investments include: Principal Industries, a leading provider of LED components and engineered assemblies; ORS Nasco, North America’s largest pure wholesaler of industrial MRO supplies; and Hydraulic Technologies, a market leader in high-pressure hydraulic tools. For more information, please visit: www.wynnchurch.com or follow us on LinkedIn.