Constantia Flexibles is expanding its rolling mill to increase aluminum foil production by 30%. The location and investment were not given in the excerpt.
Constantia Flexibles has completed the acquisition of a majority of shares in Swiss flexible packaging producer Aluflexpack AG, which employs about 1,700 people in nine countries.
Constantia Flexibles plans an all-cash public tender offer to acquire 57% of the shares of Swiss packaging producer Aluflexpack, at an estimated CHF 15.00 to CHF 18.75 per share. Completion is expected in the final quarter of 2024, pending regulatory approvals.
Constantia Flexibles agreed to buy about 57% of Aluflexpack AG from Montana Tech Components and Xoris, and will launch an all-cash public tender offer for the remaining shares, subject to regulatory approval.
One Rock Capital Partners has completed its acquisition of flexible packaging maker Constantia Flexibles from Wendel, Maxburg Capital Partners and other shareholders.
Constantia Flexibles is taking over Aluflexpack, according to a Pack aktuell news roundup. The headline gives no date, so the article date is used.
India's Competition Commission approved Capripack BidCo's acquisition of sole control of flexible packaging producer Constantia Flexibles, announced 13 December 2023. Capripack is indirectly owned by funds managed by One Rock Capital Partners, and the seller is Constantia Lux, linked to Wendel Group.
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.
Constantia Flexibles has completed its acquisition of Drukpol Flexo, a Polish flexible packaging company known for printing and converting for food and HPC markets. The deal strengthens its European flexo printing platform. Deal value was not stated.
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.
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.
Constantia Flexibles has acquired Lászlópack Kft, a Hungarian flexible packaging manufacturer specialising in flexographic printing, with a plant in Komarom. Financial terms were not disclosed.
Constantia Flexibles signed an agreement to acquire Drukpol Flexo, a Polish flexible packaging company with 183 employees and two sites near Warsaw. Terms were not disclosed and completion is expected in Q2 2023, subject to competition clearance.
Constantia Flexibles signed a joint venture agreement merging its Indian business and operations with SB Packagings, which is backed by Premji Invest, to create a packaging platform in India and South Asia. The article is dated 8 February 2023.
Constantia Flexibles signed a joint venture agreement with Premji Invest and S.B. Packagings to expand its packaging business in India, including hygiene packaging and its EcoLam range. The deal is expected to complete by the end of March 2023, pending regulatory approvals.
SB Packagings entered a joint venture with Constantia Flexibles, combining Constantia India's operations with SB Packagings to build a packaging platform across India and South Asia. Closure is subject to regulatory approvals and is expected by March end.
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.
Constantia Flexibles is investing more than EUR 80 million to expand its Constantia Teich plant in Weinburg, Austria, raising aluminium foil capacity to 90,000 tonnes a year, about 30% more, and making it the largest European aluminium foil producer.
Constantia Flexibles is investing over €80 million at its Teich factory in Austria to build a new rolling mill and lacquering line, raising aluminum foil output to 90,000 tons per year.
Constantia Flexibles acquired FFP Packaging Solutions, a Northampton flexible packaging maker with over 100 staff, for an undisclosed sum. It is Constantia's first consumer packaging plant in the UK.
Constantia Flexibles has signed an agreement to acquire 100% of Turkish flexible packaging maker Propak Ambalaj from Yıldız Holding's Gözde Girişim for EUR 120 million, subject to legal approvals.
Constantia Copenhagen opened a new fully automated 6,000 square metre production site in Ishøj, Denmark, at the end of March 2021, with over EUR 8 million invested and capacity tripled.
Parikh Flexibles, part of Constantia Flexibles, purchased a 1350 mm Bobst Expert K5 metallizer to be installed in 2021 at its new greenfield Ecoflex facility in Ahmedabad, India, for producing ultra high barrier MDO PE film.
Private equity fund Gradiente I, managed by Gradiente SGR with co-investor La Finanziaria Trentina, sold 100% of aluminium packaging maker TR Alucap to Austria's Constantia Flexibles on March 1, 2017.
Constantia Flexibles has opened Constantia Ecoflex Ahmedabad in Gujarat, India, described as the first plant designed to produce sustainable, recyclable flexible packaging. The 24,500 sq m plant began test runs in September 2019 and has 50 staff.
Austria-based Constantia Flexibles has agreed to acquire a major stake in TT-print, a Russian maker of aluminium blister foil and coldform pharmaceutical packaging, for an undisclosed sum. Completion was scheduled for Q1 2019.
Constantia Flexibles Group agreed to acquire a majority shareholding in India's film-based laminates producer Creative Polypack for an undisclosed fee, as reported on 28 March 2018.
Constantia Flexibles Group is investing in new technology at its flexible packaging subsidiary in Vietnam to expand its product portfolio. The item is dated March 20, 2018.
Constantia Flexibles is investing millions to expand production capacity at its Indian subsidiary Parikh Packaging in Ahmedabad, Gujarat, with operations expected to start in 2019. A greenfield site near the existing plant has already been broken ground.
Constantia Flexibles completed the sale of its labels division to Multi-Color Corp. for an enterprise value of about EUR 1.15 billion (approximately USD 1.3 billion), with Constantia receiving about EUR 830 million in cash and keeping a 16.6% stake in Multi-Color.
Constantia Flexibles has invested around EUR 6 million in new technology to make film-based flexible packaging at its Weiden site in Germany.
US packaging group Multi-Color Corp said it would buy the labels unit of Austria's Constantia Flexibles for about $1.3 billion in cash and stock.
Sources say Bedminster Capital has authorized the sale of its 80% stake in Turkish packaging company Propak Ambalaj, with Constantia Flexibles among four interested bidders. Propak did not comment.
AMAG signed a multi-year contract to supply at least 35,000 tonnes of aluminium coils per year to Constantia Flexibles' Teich site in Weinburg, Lower Austria, including closed-loop recycling of production waste.