Food packaging maker Sabert Corp. has acquired Mullinix Packages Inc., provider of plastic packaging for food, from Mason Wells. Mullinix, based in Fort Wayne, Indiana, makes and forms several types of plastic materials used in foods packaging, including meat trays. The company has more than 200 customers in the food-service and food-processor markets, both for custom and stock products, including hinged containers, deli containers, trays used in microwave and convection oven cooking, drink cups, sleeved cups and trays, both for food display cases and prepared foods. The company also has a distribution services business that offers distribution, inventory and logistical support for U.S. customers. Sabert Corp., based in Sayreville, New Jersey, founded in 1983, designs, manufactures and distributes packaging to foodservice distributors, restaurants and caterers, grocery stores, national food chains and for consumer entertaining. Sabert operates from branches in New Jersey, California and Kentucky, as well as manufacturing plants in Belgium and China. With the addition of Mullinix, Sabert will have annual sales of more than $500 million. On its website, Mason Wells listed Mullinix as a portfolio company that was seeking add-on acquisitions. Mason Wells, a Milwaukee-based private equity firm, focuses on the Midwest region of the U.S., targeting companies with annual revenues of $25 million to $300 million in consumer packaged goods, engineered products and services, outsourced business services, and packaging materials businesses. In February 2016, the firm announced that it had closed its fourth buyout fund, with $615 million of investor commitments. In June 2016, the firm acquired MGS Manufacturing Group Inc., a Germantown, Wisconsin, supplier of plastic components, tooling and equipment for healthcare, electronics, automotive and consumer markets. Other packaging deals have included Packaging Corp. of America’s (NYSE: PKG) announced plans to acquire another maker of corrugated products, TimBar Corp. and Novolex packaging, backed by Wind Point Partners and minority investor TPG Growth, purchasing Heritage Bag Co., maker of trash bags, food storage bags, medical waste bags and ice bucket liners in May. Mesirow Financial was Sabert's financial adviser on the transaction, and Gibbons P.C. was Sabert's legal adviser.