# Constantia Flexibles to acquire 57% of Aluflexpack and launch tender offer

Constantia Flexibles agreed to buy about 57% of Aluflexpack AG from Montana Tech Components and Xoris, and will launch an all-cash public tender offer for the remaining shares, subject to regulatory approval.

- Type: Acquisition
- Announced: 2024-02-16
- Status: announced
- Products: flexible packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Constantia Flexibles](https://endata.com/companies/1266.md) (acquirer)
- [Aluflexpack](https://endata.com/companies/7033.md) (target)
- [Montana Tech Components](https://endata.com/companies/11534.md) (partner)
- [Xoris](https://endata.com/companies/11535.md) (partner)

## Sources

- [packagingstrategies.com](https://www.packagingstrategies.com/articles/104468-constantia-flexibles-to-acquire-majority-of-shares-in-aluflexpack), 2024-02-16: "today announced an agreement to acquire approximately 57% of the shares of Aluflexpack AG from Montana Tech Components AG (MTC) and Xoris GmbH."
- [modernplasticsglobal.com](https://www.modernplasticsglobal.com/constantia-flexibles-announces-acquisition-of-aluflexpack/), 2024-03-09: "Constantia Flexibles has signed an agreement to acquire approximately 57% of the shares of the packaging producer Aluflexpack."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.