Sun Capital Snaps Up 2 More European Packaging Cos.

Law360, New York (January 2, 2013, 6:01 PM EST) -- Units of private equity firm Sun Capital Partners Inc. have inked a pair of deals for packaging companies, the parties said Wednesday, beefing up the investment outfit's robust packaging portfolio as the industry stays ripe for acquisitions.

Boca Raton, Fla.-based Sun Capital did not disclose the financial terms of the transactions.

In the first deal, Sun Capital-backed French cosmetic packager Albea scooped up the cosmetic and personal care division of Rexam PLC, a London-based manufacturer of dispensers and makeup packaging, for price multiple news outlets pegged...
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