Intelicoat Technologies Sells its Electronic and Engineered Films Business Unit

SOUTH HADLEY, Mass. and SPARTANBURG, S.C.—InteliCoat Technologies—a global leader in the manufacture of coated paper, film, and specialty substrates for imaging, medical, optical and electronic technologies—has sold its Electronic and Engineered Films (EEF) business unit to Exopack Holding, a leading North American flexible packaging converter and provider of paper and plastic packaging solutions for the food, industrial, and medical industries. Both InteliCoat and Exopack are affiliates of Sun Capital Partners, a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies. Terms of the transaction were not disclosed.