in 2002, sun capital partners acquired the image product division from rexam plc, and named it "intelicoat". the matthews and north wales facilities were the eef (electronics and engineered film) division of intelicoat. on august 6, 2007, the eef division separated from intelicoat to form exopack advanced coatings, and became a division of exopack llc, which is also an affiliate of sun capital partners.