Butterfly Equity, a private equity firm focused on the food and beverage sector, has agreed to acquire Sabert, according to Packaging Dive. The deal extends the firm's expansion into packaging, which began with its January acquisition of flexible packaging company ePac.

The acquisition signals Butterfly's continued strategy of adding packaging capabilities alongside its food and beverage portfolio. Sabert, a manufacturer of food packaging products, would join ePac as the firm's second packaging platform investment this year.

The January ePac acquisition established Butterfly's entry into the packaging market. The Sabert transaction builds on that foundation, giving the firm a broader position across packaging formats serving food customers.

For brand marketers and retailers, the deal reflects continued private equity interest in food packaging suppliers — a segment under pressure from sustainability demands and shifting consumer behavior around takeout and delivery. Further details on deal terms and timing were not disclosed in the source report.

The acquisition is expected to close following standard regulatory review, after which Sabert will operate within Butterfly's expanding food-and-beverage ecosystem, where packaging increasingly sits at the intersection of brand experience and supply chain strategy.