# 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.

- Type: Acquisition
- Announced: 2017-10-31
- Value: $1.30B (1.15B EUR)
- Status: completed
- Products: pressure sensitive labels, shrink sleeve labels, in-mold labels
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

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

## Sources

- [plasticstoday.com](https://www.plasticstoday.com/packaging/constantia-flexibles-completes-1-3-billion-sale-of-labels-division-to-multi-color), 2017-10-31: "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)."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/page/696), 2017-11-02: "Constantia Flexibles has successfully completed the sale of its labels division to Multi-Color Corporation for an enterprise value of approximately €1.15 bn (£1.01bn)."

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