# One Rock Capital to acquire Constantia Flexibles from Wendel

One Rock Capital Partners agreed to acquire packaging manufacturer Constantia Flexibles from Wendel for net proceeds of around EUR 1.1 billion. Closing is expected in the second half of 2023, subject to regulatory approval.

- Type: Acquisition
- Announced: 2023-07-31
- Where: Vienna, Austria
- Value: $1.20B (1.10B EUR)
- Status: announced
- Products: flexible packaging, pharmaceutical packaging, food 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) (target)
- [Wendel](https://endata.com/companies/3659.md) (partner)
- [One Rock Capital Partners](https://endata.com/companies/10860.md) (acquirer)

## Sources

- [privateequityinternational.com](https://www.privateequityinternational.com/one-rock-capital-signs-pact-to-buy-constantia-flexibles-from-wendel/), 2023-07-31: "Constantia will be sold for a price that yields net proceeds of around €1.1bn, reflecting a multiple of 1.94 times Wendel’s total investment in Constantia."
- [onerock.com](https://www.onerock.com/news/one-rock-capital-partners-announces-acquisition-of-constantia-flexibles-from-wendel/), 2023-07-31: "One Rock Capital Partners, LLC (“One Rock”) today announced one of its affiliates has entered into a definitive agreement to acquire Constantia Flexibles (“Constantia” or the “Company”), a leading global packaging manufacturer, from Wendel."

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