Exopack Adds on Retail Packaging Business

Sun Capital Partners-backed Exopack has acquired the Menasha, WI and Catoosa, OK facilities of Bemis (NYSE: BMS) for $82 million. The acquired business, which supplies retail cheese and meat plastic packaging, generated $156 million in net sales last year. The addition will expand the barrier extrusion and lamination capabilities of Exopack, which was acquired by Sun Capital in a $280 million LBO in 2005.