CHICAGO, IL—Coveris High Performance Packaging is the new name for Exopack Holdings S.A., formed in May of 2013 by the combination of five leading packaging companies in North America and Europe—Britton Group (U.K.), Kobusch (Germany), PACCOR (Germany), Exopack (U.S.) and Paragon Print & Packaging (U.K.).
Coveris is the sixth largest global plastics packaging company, with revenues in excess of $2.5 billion and operations in 21 countries. The company, an affiliated portfolio company of Sun Capital Partners, Inc., produces flexible and rigid plastic and paper packaging, as well as advanced coatings for customers around the world.
Since combining, the companies that now comprise Coveris, have integrated back office functions and have made new investments to strengthen the company’s IT infrastructure. Significantly, the businesses recently unified under a single financial structure, which gives the company greater flexibility to continue investing in technology, expand capabilities and pursue a broader set of opportunities.