Constantia Flexibles completes sale of labels division to Multi-Color

Constantia Flexibles completed the sale of its labels division to Multi-Color Corp. for an enterprise value of about EUR 1.15 billion (approximately USD 1.3 billion), with Constantia receiving about EUR 830 million in cash and keeping a 16.6% stake in Multi-Color.

“Constantia Flexibles Holding GmbH (Vienna, Austria) announced that it has successfully completed the sale of its labels division to Multi-Color Corp. (Batavia, OH) for an enterprise value of approximately $1.3 billion (€1.15 billon).”plasticstoday.com

• 2 sources
• plasticstoday.comConstantia Flexibles completes $1.3 billion sale of labels division toOct 31, 2017
• packagingnews.co.ukNews :: Packaging News | Page 696 of 1714Nov 2, 2017

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