Wendel

Henkel is acquiring Stahl for an enterprise value of €2.1 billion, buying the stakes held by Wendel, BASF and Clariant, to strengthen Stahl's specialty coatings for flexible materials. Completion is subject to closing conditions and regulatory approvals.

One Rock Capital Partners has completed its acquisition of flexible packaging maker Constantia Flexibles from Wendel, Maxburg Capital Partners and other shareholders.

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.

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.

Stahl signed an agreement to acquire ICP Industrial Solutions Group, a packaging and labeling coatings maker with about $140 million in 2022 sales, at an enterprise value of about $205 million. Closing is expected before the end of Q1 2023.

Unigrains, together with Mecatherm's management, completed the acquisition of bakery equipment maker Mecatherm S.A. from Wendel and other shareholders. The enterprise value was 120 million euros.

Wendel granted Aptar Group exclusivity to finalize the sale of CSP Technologies, a specialty protective packaging maker, at an enterprise value of $555 million, about 13 times adjusted EBITDA. Closing is expected in Q4 2018.