Using analytical and numerical methods (fluid and particle-in-cell simulations) we study a number of model problems involving merger of magnetic flux tubes in relativistic magnetically-dominated plasma. Mergers of current-carrying flux tubes (exemplified by the two dimensional `ABC structures) and zero total current magnetic flux tubes are considered. In all cases regimes of spontaneous and driven evolution are investigated. We identify two stages of particle acceleration during flux mergers: (i) fast explosive prompt X-point collapse and (ii) ensuing island merger. The fastest acceleration occurs during the initial catastrophic X-point collapse, with the reconnection electric field of the order of the magnetic field. During the X-point collapse particles are accelerated by charge-starved electric fields, which can reach (and even exceed) values of the local magnetic field. The explosive stage of reconnection produces non-thermal power-law tails with slopes that depend on the average magnetization $sigma$. For plasma magnetization $sigma leq 10^2$ the spectrum power law index is $p> 2$; in this case the maximal energy depends linearly on the size of the reconnecting islands. For higher magnetization, $sigma geq 10^2$, the spectra are hard, $p< 2$, yet the maximal energy $gamma_{max}$ can still exceed the average magnetic energy per particle, $ sim sigma$, by orders of magnitude (if $p$ is not too close to unity). The X-point collapse stage is followed by magnetic island merger that dissipates a large fraction of the initial magnetic energy in a regime of forced magnetic reconnection, further accelerating the particles, but proceeds at a slower reconnection rate.
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