Find similar records and merge them to one

I have a table called PROJECTS with some records sharing similar names. The objective is to find these records and merge them to one if possible.

Sample

PROJECTS table with Field1, Field2, Field3

From the above table, I want to look into Field3 and find similar names, such as Paper Company, Paper Company. and Paper Co and merge these into a single record. They are not exactly duplicates, but share a similar name. There are more records with similar names, so I can't hard-code Paper Company because there are more records alike that share similar names.

What transformers can I use to complete such task?

Thank you.