Sun Capital Rolling Up Five Packagers

Sun Capital Partners plans to merge five of its plastic packaging portfolio companies to form what it says will be the sixth-largest plastic packaging company in the world. The new company, which will be called Exopack Holdings Sarl, will be created by merging its Exopack, Kobusch, Britton, Paragon and Paccor businesses, the company said in a filing with U.S. regulators on Wednesday, sister news service Reuters reported.