Beauty Industry

Soterra Capital Supports Albert Paper with Investment

This transaction with Soterra Capital enables the Kenah family to buy back ownership of the business.

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By: Rachel Klemovitch

Assistant Editor

Soterra Capital, a private investment firm focused on building enduring lower-middle-market businesses, announced its partnership with Albert Paper Products

Founded in 1944 and operated for four generations by the Kenah family, Albert Paper has long been defined by hands-on leadership, craftsmanship, reliability, and deep customer relationships across the cosmetics, personal care, food, medical, industrial, and e-commerce packaging markets.

While the Kenah family has managed the company since its founding, ownership has resided with an outside private party since the 1980s. 

This transaction with Soterra Capital enables the Kenah family to buy back ownership of the business and continue family stewardship of the enterprise. 

Mark Kenah, President of Albert Paper Products and a fourth-generation descendant of the company’s founder, said,

“Albert Paper has been part of my family for more than 80 years, and our identity has always been rooted in service, quality, and long-term relationships. Partnering with Soterra allows us to continue that legacy while investing in the next chapter of growth for our customers and our team. We are excited to build on what previous generations created and extend our family’s heritage well into the future.”

Going forward, Albert Paper will continue to operate under its existing name and remain headquartered in Irvington, now strengthened by a long-term operating partnership with Soterra. 

Albert Paper Products will continue to operate with its existing leadership team, with Soterra providing strategic, operational, and growth support.

Jeremy Carter, Managing Partner of Soterra Capital, commented,

“We have been impressed by the Kenah family’s management of Albert Paper Products, the strength of the company’s culture, and the resilience of its business model.”

Together, Soterra and the Kenah family are committed to building on the company’s legacy and positioning Albert Paper to become a helpful and resilient packaging company around the world.

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