Five leading packaging companies combining to create the world’s sixth-largest global plastics packaging company
Exopack, Britton Group, Kobusch, PACCOR and Paragon companies join forces
Five leading packaging companies in North America and Europe announced they intend to combine in order to operate as one global leader under the banner of Exopack Holdings Sarl (http://www.exopack.com/), a new Luxembourg company (“the Combined Company”). The combined business will have 63 plants, 8,650 employees and aggregate revenues of more than US$2.5B, making it the sixth-largest plastics packaging company in the world.
Joining Exopack, a U.S.-based producer of flexible paper and plastic packaging, and advanced coatings, will be four leading companies based in Europe – Britton Group, a flexible plastic packaging manufacturer; PACCOR, the second-largest rigid plastic packaging company in Europe; Kobusch, a producer of tailor-made flexible and rigid packaging systems; and Paragon Print & Packaging, a leader in private label packaging solutions in the UK.