SB Packagings and Constantia Flexibles finalise India joint venture via C-Flex share swap

SB Packagings and Constantia Flexibles have finalised their joint venture after CCI approval, under which SB Packagings acquires C-Flex India entities (Creative Polypack, Aparna Paper, Vibgyor, Parikh Flexibles) in a share swap, with Premji Invest as shareholder.

“The proposal entails the acquisition of the entire shareholding of C-Flex India Entities, including Creative Polypack, Aparna Paper, Vibgyor, and Parikh Flexibles.”ippstar.org

• 2 sources
• ippstar.orgSB Packagings and Constantia Flexibles joint venture kicks off - Ipp StarJun 2, 2023
• consciouscarma.comLargest Sustainable Packaging platform in India and South Asia | ConsciouscarmaJun 6, 2023

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