# Multi-Color to buy Constantia Flexibles labels unit for $1.3 billion

US packaging group Multi-Color Corp said it would buy the labels unit of Austria's Constantia Flexibles for about $1.3 billion in cash and stock.

- Type: Acquisition
- Announced: 2017-07-17
- Value: $1.30B
- Status: announced
- Products: labels
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Constantia Flexibles](https://endata.com/companies/1266.md) (partner)
- [Multi-Color Corp](https://endata.com/companies/1783.md) (acquirer)

## Sources

- [privateequityinternational.com](https://www.privateequityinternational.com/multi-color-to-buy-labels-unit-of-constantia-for-1-3-billion-reuters/), 2017-07-17: "said it would buy the labels unit of Constantia Flexibles GmbH (IPO-COFH.VI) for about $1.3 billion in cash and stock"
- [healthcarepackaging.com](https://www.healthcarepackaging.com/home/press-release/13293472/multicolor-corporation-announces-agreement-to-acquire-constantia-labels-division-to-create-a-global-leader-in-the-labels-space), 2017-07-18: "Multi-Color Corporation ("Multi-Color") (NASDAQ: LABL) announced that it has signed a definitive agreement to acquire the Labels Division of Constantia Flexibles"
- [packaging-gateway.com](https://www.packaging-gateway.com/news/deals-this-week-la-colombe-coffee-roasters-abc-packaging-direct-constantia-flexibles-5877626/), 2017-07-20: "Constantia Flexibles has reached an agreement with US-based Multi-Color to sell its labels division, Constantia Labels, for approximately €1.15bn ($1.33bn)."

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