# Constantia Flexibles and SB Packagings finalise India packaging joint venture

Constantia Flexibles and SB Packagings have finalised a joint venture, SB-Constantia Flexibles, to make sustainable food and hygiene packaging in India and South Asia, with investment from Premji Invest after Competition Commission of India approval. The JV operates nine plants.

- Type: Acquisition
- Announced: 2023-06-01
- Where: India, India
- Status: completed
- Products: sustainable flexible packaging, mono-material EcoLam packaging, medium to high-barrier packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.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

- [yourstory.com](https://yourstory.com/enterprise-story/2023/06/constantia-flexibles-and-sb-packagings-joint-venture), 2023-06-01: "This joint venture has received an undisclosed amount of investment from Premji Invest, the family office of Wipro promoter Azim Premji."

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