The European division of US-based food packaging company Sabert has bought British foodservice packaging manufacturer KeCo.
Established in 2015, KeCo produces folded carton packaging products for the foodservice sector, including sandwich and deli packaging, fast food and takeaway packaging, children’s meal boxes, catering platters and inserts, cartons, trays and containers.
The company has a manufacturing facility in the green belt area of Kimbolton, Cambridgeshire.
In 2019, it won the Foodservice Packaging Association Manufacturer of the Year and Bunzl Supplier of the Year awards.
The financial terms of the transaction have not been disclosed.
Sabert Europe CEO Philippe Leemans said: “The acquisition of KeCo is a unique opportunity for Sabert Europe to further enhance our portfolio of sustainable foodservice packaging solutions.
“KeCo is a great company with a strong record of developing and marketing innovative and eco-friendly packaging solutions with a high level of quality and service to its UK customers.
“The combination of KeCo and Sabert will support our growth strategy to meet European foodservice customers’ growing demand for sustainable solutions. We warmly welcome KeCo’s team to the Sabert family.”
Sabert Europe has taken on all KeCo’s employees, who will continue serving their customers as part of the Sabert team.
KeCo operational director Keco Jamie Kearns, sales and marketing director John Young and financial director Alan Pealling said: “By joining the Sabert group, we will have access to larger resources and an extended global market presence.
“This will accelerate our future growth as we capitalise on the combined distribution network and the European footprint of Sabert, which we are all very excited about.”
Based in Sayreville, New Jersey, Sabert manufactures and distributes a range of packaging solutions for food distributors, restaurants and caterers, grocery stores, national food chains and consumer entertaining.
Last July, the company introduced Kraft Collection, a range of corrugated and paperboard food packaging solutions.