Empresas y finanzas

An Affiliate of Sun European Partners Acquires Autobar Packaging Group



    Sun European Partners, LLP ("Sun European Partners"), the European
    adviser to Sun Capital Partners, Inc. ("Sun Capital"), a leading
    private investment firm specializing in leveraged buyouts and
    investments in market-leading companies, today announced that one of
    its affiliates has acquired Autobar Packaging Group ("Autobar"), one
    of Europe's leading manufacturers of plastic packaging products, used
    mainly in the food, drink, health, and home and personal care sectors.
    Terms of the transaction were not disclosed.

    Autobar Packaging offers innovative products across many
    applications through its three business units: Veriplast International
    (plastic cups, glasses, and trays), Autobar Rigid Packaging (thin wall
    plastic packaging for the dairy and other food industries), and
    Autobar Flexible Packaging (free standing consumer bags, pallet wrap,
    printed shrink film, food packaging, refuse bags, and envelopes).
    Autobar Packaging has fifteen production facilities in seven countries
    (Germany, the Netherlands, Spain, France, UK, Poland, and Bulgaria).
    For more information, please visit Autobar Packaging's website at
    www.autobarpackaging.com.

    Dave Edwards, CEO, Autobar Packaging Group, stated, "We are very
    pleased that an affiliate of Sun Capital Partners has acquired Autobar
    given Sun Capital's deep understanding of the packaging industry. We
    are confident that the financial resources and operating experience of
    the purchaser will support our management team in a measurable fashion
    by strengthening Autobar Packaging's value proposition and by
    re-positioning our strategic operating plan to capitalize fully on a
    wide range of new growth opportunities."

    Jason H. Neimark, Managing Director, Sun Capital Partners, Inc.,
    added, "Autobar Packaging is one of Europe's leading manufacturers of
    plastic packaging products. We look forward to working with Autobar
    Packaging's management team and dedicated employees in advancing the
    Company's performance to the next level and enhancing its product
    quality and customer service."

    About Sun European Partners, LLP

    Sun European Partners, LLP is the European advisor to Sun Capital
    Partners, Inc., a leading U.S.-based investment firm focused on
    leveraged buyouts, equity, debt, and other investments in
    market-leading companies that can benefit from its in-house operating
    professionals and experience. Sun Capital affiliates have invested in
    and managed more than 135 companies worldwide since Sun Capital's
    inception in 1995 in the United States, with combined sales in excess
    of $30.0 billion. For more information, please visit
    www.SunEuropeanPartners.com.