(St. Louis, Missouri) July 09, 2020. Anchor Packaging LLC, the innovation leader in rigid food packaging, announced today the acquisition of Panoramic Inc., located in Janesville, Wisconsin. Panoramic Inc is a leading manufacturer of thermoformed products used in fresh food applications, including bakery, produce, and confectionery.

Over the past 14 years, Panoramic has grown at a double-digit annual rate alongside a diverse customer base, consisting of a wide range of regional and national food processors and retailers. Panoramic is well known for its ability to service mid-sized customers, with creativity and speed to market. These competencies are highly complementary to the emphasis on innovation, custom design, and velocity at Anchor Packaging. As a result of this combination, Anchor will be positioned to serve the combined base of customers better, while providing a more comprehensive offering for the entire food industry, regardless of the size of customer, product, or project, across North America and beyond.

“We are pleased to announce the acquisition of Panoramic Inc, and we welcome all the Panoramic colleagues and customers to the Anchor Packaging family of companies,” commented Jeff Wolff, President, and CEO of Anchor Packaging. This acquisition is strategically important to us for two reasons: It will significantly broaden our offering to attract bakery, produce, deli, and confectionery customers. Also, it expands our capabilities and speed to market across any size customer or project to support the growing needs of our customers.”

“I truly believe, from the bottom of my heart, this is the right thing to do for Panoramic Inc, and more importantly for all of our employees and our loyal customers,” said Rick Holznecht, the former President of Panoramic Inc. We share a joint heritage in that both of our companies were founded and operated as Midwestern-based, family-owned businesses for many years. Anchor Packaging holds true to that same set of core values that we live by every day at Panoramic. This is an exciting new chapter for Panoramic Inc and an opportunity to grow with a family of companies that shares our customer-centric innovative vision.”

About Anchor Packaging LLC
Based in St Louis, MO, Anchor Packaging LLC is one of the largest thermoformers in North America and best-known for its award-winning product designs and custom capabilities. Anchor Packaging’s products include Crisp Food Technologies® containers that keep fried foods hot & crispy for 30-minute home delivery, Safe Pinch® Tamper-Evident containers, and affordable packages for restaurant takeout and supermarket prepared ready-to-heat meals. Anchor’s unique stock product line includes over 450 rigid packages and cling film products.

About Panoramic Inc
Based in Janesville Wi, Panoramic LLC is a growing thermoformer within the food packaging industry servicing the United States and Canada. Recognized for its customer-centric approach, custom designs, and speed to market capabilities. As an additional service to its customers, Panoramic provides a stock line of products that include over 500 rigid packaging options servicing the bakery, deli, confectionery, and produce markets.

Anchor Packaging LLC, well known for its award-winning new products in food packaging, has redirected a portion of its engineering staff and its 3D laser-printing machine toward making face shields for healthcare workers in the St Louis area.

“During more normal times, we use this machine to produce prototypes of new design food packaging in a matter of hours for our customers,” said Jeffrey Wolff, CEO of Anchor Packaging. “In the current climate, we have dedicated this equipment, and the engineers that program and operate it, to help protect healthcare workers who are on the front lines fighting this disease.” The 3D printer is being used to produce the rigid frames for the face shields and Anchor also provided rolls of clear PET sheet to be attached to the frames to form the complete shield. To date, 1,200 completed face shields have been delivered to local hospitals in the St Louis area. Anchor and other companies will continue to produce these face shields at a rate of over 600 per week.

In Northeast Arkansas, where Anchor operates several of its plants, the Anchor Packaging Community Outreach Program has been formed. Through that program, Anchor has delivered donations of food containers, lids, foil wrap, and cling film to local schools, hospitals, and churches to feed thousands in the surrounding area.

(St. Louis, MO) March 2, 2020. Anchor Packaging LLC, the market-leading manufacturer of innovative packaging products for the foodservice, supermarket, and convenience store markets, announced today the latest addition to their award-winning Crisp Food Technologies^® container line, with the new Fry Baby^TM hinged container. The 6″x 3″ size is perfect for a serving of French fries, chicken strips, nuggets, wings, and many other foods. Fry Baby containers integrate anti-fog in both the clear base and clear lid to keep food looking fresh on display for grab n go and to avoid order errors. Fry Baby is a game-changer, containing the award-winning, high-performance attributes of Crisp Food Technologies AT A COST LESS THAN A COATED PAPERBOARD BOX.

The family of Crisp Food Technologies Containers keeps fried foods hot & crispy for over 30 minutes during takeout or delivery. The unique, patented, convection cross-flow design relieves moisture and condensation while maintaining food temperature. Through-the-closure ventilation and raised airflow channels in the bottom of the container combine with venting in the lid to ensure fried foods remain both crisp and hot. Crisp Food Technologies, in a variety of sizes, shapes, and options, are the perfect fit for the rapidly growing Home Delivery trend across all foodservice channels. Crisp Food Technologies Containers are in use at over 16,000 locations and growing.

The new Fry Baby will supercharge impulse purchases and repeat sales while saving operators on packaging costs. The Fry Baby is consumer reusable and recyclable.

Based in St Louis, MO, Anchor Packaging LLC is one of the largest thermoformers in North America and best-known for its award-winning product designs and custom capabilities. Anchor Packaging’s products include Crisp Food Technologies^® containers that keep fried foods hot & crispy for 30-minute home delivery, Safe Pinch^® Tamper-Evident containers, as well as affordable packaging for restaurant takeout and to merchandise prepared ready-to-heat meals in supermarkets. Anchor’s unique stock product line includes over 450 rigid packaging and cling film products.

(St. Louis, MO) July 31, 2019. Anchor Packaging LLC., the market-leading manufacturer of innovative packaging products for the foodservice, supermarket, and food processor markets, announced today that the Crisp Food Technologies^® Containers had won the 2019 Convenience Store News “BEST NEW PRODUCT” award. Judging was supervised by Past Times Marketing, a New York-based consumer research and product-testing firm.

Crisp Food Technologies^® Containers: Keeps Fried Foods Hot & Crispy for 30-Minute Delivery. Unique, patented, convection cross-flow design relieves moisture and condensation while maintaining food temperature. Through-the-closure ventilation and raised airflow channels in the bottom of the container combine with venting in the lid to ensure fried foods remain crisp. The Crisp Food Technologies^® Containers, offered in a variety of options, are a perfect fit for the rapid growth of Home Delivery across all foodservice channels and are in use at over 14,000 stores today.

This is the latest of many awards that Anchor Packaging has won for packaging design and innovation. Anchor Packaging previously won the Convenience Store News “BEST NEW PRODUCT” award for The Embraceable^®, a platter and domed lid that encapsulates a standard portion cup and eliminates the need for its lid, while holding a full meal in a leak-resistant, heat-resistant, microwavable container. Anchor is also the 2-time winner of the Ameristar Award and 2-time winner of the Worldstar Awards, among others.

Anchor Packaging’s products include affordable, upscale, to-go packaging to merchandise prepared ready-to-heat meals in supermarkets and takeout meals offered by restaurants and other foodservice operations. Anchor’s unique product line includes stock and custom rigid packaging, as well as a broad line of cling film wraps.

(St. Louis, MO) June 26, 2019.  TODAY, Anchor Packaging LLC, one of North America’s largest manufacturers of specialty food packaging used by restaurants and supermarkets for delivery and take-out meals, announced the first stage of its strategic plan to accelerate growth through a partnership with The Jordan Company, a private equity firm with over 30 years’ experience in aligning themselves with company management to build value.

“Anchor has achieved outstanding organic growth, tripling its revenue in the past 15 years, said Jeffrey Wolff, President and CEO of Anchor. “Now, we are talking about transformative growth broadening our geographic reach through additional manufacturing facilities, new and complementary product lines to better serve our customers, and new materials to offer our customers a broader set of solutions”.

Under the terms of the partnership, The Jordan Company will become investors in Anchor, however, the Hermann family, who has owned Anchor for 56 years, will continue to have ownership as well.

“Anchor has been, and continues to be, a family business” stated Robert Hermann Jr.  “We are excited to partner with The Jordan Company to help fuel Anchor’s continued growth and increase our trajectory. The Jordan Company possesses many of the same values, ethics, and long-term orientation that has been a hallmark of Anchor.”

“We are thrilled to be partnering with the Anchor management team, alongside the Hermann family, to support the company’s enhanced growth plans . Anchor is a best in class sustainable packaging business, servicing a world class customer base. We plan to invest further in the business to support organic growth and continued new product development”, commented Mike Denvir, Partner at The Jordan Company.

The transaction is expected to close in July, 2019, subject to customary closing conditions.

About The Jordan Company
The Jordan Company, founded in 1982, is a middle-market private equity firm that manages funds with original capital commitments in excess of $8 billion with a 35-year track record of investing in and contributing to the growth of many businesses across a wide range of industries. Headquartered in New York, TJC also has offices in Chicago.

About Anchor Packaging
Based in St Louis, MO, Anchor Packaging LLC is one of the largest thermoformers in North America and best-known for its award-winning product designs and custom capabilities. Anchor Packaging’s products include Crisp Food Technologies^® containers that keep fried foods hot & crispy for 30-minute home delivery, Safe Pinch^® Tamper-Evident containers, as well as affordable packaging for restaurant take-out and to merchandise prepared ready-to-heat meals in supermarkets. Anchor’s unique stock product line includes over 450 rigid packaging and cling film products.

(St. Louis, MO) July 18, 2016.  Anchor Packaging, Inc. announces the latest addition to the successful Incredi-Bowls^® line of microwavable bowls and lids.  The new, round 7.25″ polypropylene (PP) bowls are designed to enhance the operator’s bottom line and are the perfect choice for a large individual serving or a family-size portion.  Available in 20, 24, 32 and 40oz depths, the bowls share a common, polypropylene, vented lid.  This new size joins the current 5″, 6″, and 8.5″ bowls ranging from 5oz to 48oz for a total offering of 16 bowls in four footprints.

Current trends continue toward smaller portions and healthier options.  The consumer is looking for choices and not always willing to give up their favorite foods.  This “new look of large” bowl size is the perfect answer.  Not only is the smaller footprint more cost effective than larger diameters, these new microwavable bowls are made with a natural mineral additive, reducing the use of petroleum-based resin by 40%. The use of less PP resin allows Anchor to pass on the savings to their customers as a more sustainable option.  One lid to fit four bowls eliminates confusion, saves space in the prep area and reduces inventory storage costs.

The attractive black bowls provide a table-ready presentation in a durable, cut-resistant material. The leak-resistant closure eliminates messy spills.  The vented lid includes integral Clear Guard^® anti-fog technology to prevent condensation or “fogging” of the lid. This maximizes hot-case merchandising opportunities for retailers and eliminates takeout order errors for foodservice operators, while keeping hot foods looking fresh and appealing.  The four bowls and lid will withstand temperatures to 230°F in warming units, under heat lamps, or in the microwave.  No need to re-plate chilled, prepared foods, when reheated in the microwave.

In addition to hot cases, the Incredi-Bowls and lids can be used in refrigerated or ambient displays.  All are dishwasher safe providing consumer-convenient reusability and are recyclable curbside.

Anchor Packaging’s products include affordable, upscale to-go packaging to merchandising prepared, ready-to-heat meals in supermarkets, and for takeout meals offered by restaurants.  Anchor’s unique products are found in most foodservice operations and include stock and custom rigid packaging, as well as a broad line of cling film wraps.

(St. Louis, MO) May 26, 2015. Anchor Packaging, Inc. announces the launch of their newest product line, which incorporates ergonomic design, reduction of petroleum-based materials, and an upscale presentation with smooth, clean lines and wide viewing panels. Branded the WAVE series, these containers are available in 16, 24, and 32-ounce sizes. They join many other successful and award-winning Anchor products under the MicroRaves® trademark.

(St.  Louis, MO) December 1, 2006 MicroRaves 900 series offers customers flexibility. The newly engineered 12 oz. and 16 oz. black casserole platters share a common footprint and matching crystal clear lid with excellent visibility for merchandising prepared foods. These same containers also have a matching vented microwavable lid. Complementing the 12 and 16 oz platters is the larger footprint 24 oz capacity platter with its own matching crystal clear lid. All 900 Series microwavable platters and vented microwavable lids withstand up to 230º F when used under heat lamps or in warming units. The crack-resistant polypropylene platter, and the secure-snap lid closure ensures freshness and eliminates spills when transporting. The cut-proof platter allows your customers to heat-and-eat right out of the containers.With the 900 Series you are presented with numerous merchandising possibilities for appetizers, side dishes, entrees, and desserts.

Anchor Packaging’s product line includes upscale take-out packaging used for merchandising prepared ready-to-heat meals in supermarkets, take-out containers in restaurants and other foodservice operations, deli cup containers, all-purpose cling film and high barrier trays.Culinary Classics®, MicroRaves®, MicroRounds®, Gourmet Classics®, Microlite®, Bon Faire® and Deli View® are among Anchor’s unique product lines. Anchor also provides custom package design and manufacture for many large food companies in the U.S. and Canada.

(St. Louis, MO) October 15, 2006 Building on the success of its full-slab rib container, released at the beginning of this year, Anchor Packaging is pleased to announce the addition of a Half-Slab Rib Container to its offerings for the supermarket and foodservice industries.

Both the full-slab and half-slab containers enhance the presentation of ribs, as well as a wide variety of food products.Fully cooked, ready-to-eat ribs are one of the fastest growing categories in the supermarket hot case and they enjoy broad appeal in foodservice across a wide variety of take-out formats. The half-slab container, approximately 7 inches wide and 10 inches long, provides an excellent presentation for a broad spectrum of prepared food products.It has a crystal-clear lid with anti-fog, yet can withstand the high temperatures of heat lamps, warming cases, and microwave ovens.

While other manufacturers have introduced packaging intended to serve this rapidly-growing segment, several key design changes set the Anchor containers apart from all others. The Anchor containers are:

1) Resistant to leakage of product juices by designing fluid return channels.
2) Secure when closed, utilizing a proprietary lid closure system.
3) Superior for merchandising with a crystal clear lid, anti-fog properties and venting.
4) Resistant to cracking by relieving stress in the corners of the container.

Anchor Packaging’s product line includes upscale take-out packaging used for merchandising prepared ready-to-heat meals in supermarkets, take-out containers in restaurants and other foodservice operations, deli cup containers, all-purpose cling film and high barrier trays.Culinary Classics®, MicroRaves®, MicroRounds®, Gourmet Classics®, Microlite®, Bon Faire® and Deli View® are among Anchor’s unique product lines. Anchor also provides custom package design and manufacture for many large food companies in the U.S. and Canada.

New Product Outperforms Polystyrene and Paper Bowls for Soup/Entree Category

(St.  Louis, MO) July 31, 2006 Anchor Packaging introduces the Incredi-Bowl series–the perfect bowl line for soups, breakfast entrees, and many other hot or cold foods. Using the latest technologies in packaging design, the Incredi-Bowl has been designed to stand up to 230℉, and will not cause off-odors or off-flavors when heated, like polystyrene bowls. This makes the product line perfect for staging foods under heat lamps or in warming units/tunnels, or for re-heating in the microwave.

The classic black bowl is matched with a clear vented, anti-fog lid for excellent food visibility, making the Incredi-Bowl ideal for increasing visual appeal while assuring order accuracy–a clear advantage over paper soup bowls.And the secure-snap closure ensures a leak-resistant container that transports safely.With classical styling, that subtly incorporates rigid design features, the Incredi-Bowl can be stacked up to 3 high with a variety of soups, pastas, and other prepared food items.The Incredi-bowl is competitively priced with other plastic soup bowls that have far fewer performance capabilities, and is less expensive than paper soup containers. Several large national chains have already adopted the Incredi-Bowls, in place of the containers they had been using, due the superior price/performance attributes of the Incredi-Bowl.

Incredi-Bowls are available in 12-20 oz capacities with one lid to fit all sizes.

Anchor Packaging’s product line includes upscale take-out packaging used for merchandising prepared ready-to-heat meals in supermarkets, take-out containers in restaurants and other foodservice operations, deli cup containers, all-purpose cling film and high barrier trays.Culinary Classics®, MicroRaves®, Gourmet Classics®, Microlite®, Bon Faire® and Deli View® are among Anchor’s unique product lines. Anchor also provides custom package design and manufacture for many large food companies in the U.S. and Canada.