# Constantia Flexibles and SB Packagings form India packaging joint venture

Constantia Flexibles signed a joint venture agreement with SB Packagings and its investor Premji Invest for Constantia's Indian business, creating a packaging platform with ten locations in India. Closing is expected by end of March 2023, pending regulatory approvals.

- Type: Acquisition
- Announced: 2023-01-20
- Where: India, India
- Status: announced
- Capacity: 10 manufacturing locations
- Products: mono-material flexible packaging, hygiene, food and HPC packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Constantia Flexibles](https://endata.com/companies/1266.md) (partner)
- [Premji Invest](https://endata.com/companies/8274.md) (investor)
- [SB Packagings](https://endata.com/companies/8275.md) (partner)

## Sources

- [indifoodbev.com](https://indifoodbev.com/food-ingredients/sb-packagings-premji-invest/), 2023-01-21: "SB Packagings and Premji Invest which is the private equity firm that invested in SB Packagings in August 2021 have signed a joint venture agreement with Constantia Flexibles, for its Indian business and operations."

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