Sun Capital Merging Five Plastic Packaging Companies
May 6, 2013
Sun Capital Partners intends to combine five North American and European plastic packaging companies under the banner of Exopack Holdings Sarl. The combined company will have 63 plants, 8,650 employees and aggregate revenues of more than $2.5 billion. Joining Exopack, a South Carolina-based manufacturer, are four European companies: Britton Group, a flexible plastic packaging manufacturer; PACCOR, a rigid plastic packaging company; Kobusch, a producer of tailor-made flexible and rigid packaging systems; and Paragon, a private label packaging solutions provider in the U.K. All five brands are owned by Sun Capital and will remain in use by the combined company.