# CCI approves SB Packaging share-swap to acquire C-Flex India entities

India's Competition Commission approved a share-swap under which SB Packagings will acquire five C-Flex India flexible packaging entities from Constantia Flexibles Sales B.V., with C-Flex receiving shares in SB Packaging.

- Type: Acquisition
- Announced: 2023-04-03
- Where: India
- Status: announced
- Products: flexible packaging materials

## Companies

- [Wendel](https://endata.com/companies/3659.md) (partner)
- [SB Packagings](https://endata.com/companies/8275.md) (acquirer)
- [C-Flex](https://endata.com/companies/10419.md) (partner)

## Sources

- [packagingsouthasia.com](https://packagingsouthasia.com/events/sb-packaging-acquisition/), 2023-04-04: "the Competition Commission of India (CCI) has approved the share-swap for the acquisition of the C-Flex India entities by SB Packaging from C-Flex"
- [ippstar.org](https://ippstar.org/2023/04/04/sb-packaging-acquisition-of-c-flex/), 2023-04-04: "the Competition Commission of India (CCI) has approved the share-swap for the acquisition of the C-Flex India entities by SB Packaging from C-Flex"

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