financetom
Business
financetom
/
Business
/
Handgards Acquires Albany Packaging USA
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Handgards Acquires Albany Packaging USA
Sep 25, 2025 7:18 AM

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.

Source: Wynnchurch Capital

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Dyne Therapeutics Prices $200 Million Stock Offering
Dyne Therapeutics Prices $200 Million Stock Offering
Jul 1, 2025
03:55 AM EDT, 07/01/2025 (MT Newswires) -- Dyne Therapeutics ( DYN ) said late Monday it has priced an underwritten public offering of about 24.2 million shares at $8.25 each for expected gross proceeds of $200 million. The offering is expected to close on Wednesday, the company said. Dyne Therapeutics ( DYN ) has granted underwriters a 30-day option to...
Tesla sales drop over 60% in Sweden and Denmark
Tesla sales drop over 60% in Sweden and Denmark
Jul 1, 2025
July 1 (Reuters) - Tesla's sales dropped for a sixth straight month in Sweden and Denmark in June, underscoring the challenges the EV-maker faces as competitors gain market share and CEO Elon Musk's popularity declines. In Sweden, Tesla's registrations, which are a measure of sales, fell 64.4% in June from a year earlier. Tesla's sales were also down 61.6% in...
Tesla sales drop over 60% in Sweden and Denmark
Tesla sales drop over 60% in Sweden and Denmark
Jul 1, 2025
(Reuters) -Tesla's sales dropped for a sixth straight month in Sweden and Denmark in June, underscoring the challenges the EV-maker faces as competitors gain market share and CEO Elon Musk's popularity declines. In Sweden, Tesla's registrations, which are a measure of sales, fell 64.4% in June from a year earlier. Tesla's sales were also down 61.6% in Denmark, where the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved