{"id":5698,"date":"2025-03-05T04:11:28","date_gmt":"2025-03-05T09:11:28","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=5698"},"modified":"2025-03-05T04:11:28","modified_gmt":"2025-03-05T09:11:28","slug":"constantia-flexibles-acquires-majority-stake-in-aluflexpack","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=5698","title":{"rendered":"Constantia Flexibles acquires majority stake in Aluflexpack"},"content":{"rendered":"


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Aluflexpack serves the food and pharmaceutical sectors. Credit: Kreminska via Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

Constantia Flexibles, an Austria-headquartered flexible packaging company, has acquired a majority stake in Aluflexpack, a flexible packaging and barrier solutions provider.<\/p>\n

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In February last year, Constantia Flexibles formally agreed to acquire<\/a> 57% of Aluflexpack\u2019s shares.<\/p>\n

With this deal, Constantia Flexibles aims to bolster its packaging portfolio, expand its presence in Turkey and Poland, and drive growth in Southeast Europe.<\/p>\n

Headquartered in Reinach, Switzerland, Aluflexpack serves the food and pharmaceutical sectors. It has a workforce of approximately 1,700 employees across nine countries.<\/p>\n

Under the deal, Constantia, a portfolio company managed by an affiliate of One Rock Capital Partners, acquired Aluflexpack\u2019s shares from Montana Tech Components and Xoris.<\/p>\n

Simultaneously, Constantia also completed a tender offer for the remaining publicly held registered shares.<\/p>\n

Constantia CEO David Spratt said: \u201cWe are delighted to welcome Aluflexpack to the Constantia Flexibles Group.<\/p>\n

\u201cWe believe the combination with Aluflexpack will strengthen our leadership in product innovation and sustainability and will improve our ability to serve customers with a broader range of packaging solutions.<\/p>\n

\u201cWe look forward to joining forces with the Aluflexpack team to complete the integration of the businesses and embark upon our joint growth trajectory.\u201d<\/p>\n

As stated in the offer prospectus, Constantia began the squeeze-out process and instructed Aluflexpack to apply for the delisting of its shares.<\/p>\n

Aluflexpack CEO Johannes Steurer said: \u201cThe acquisition by Constantia marks an exciting new chapter for Aluflexpack. Over the last decade, we have transformed Aluflexpack into one of Europe\u2019s leading flexible packaging companies.<\/p>\n

\u201cWith Constantia, we now have a partner that shares our commitment to sustainability and innovation, and our team is excited about the potential growth opportunities that lie ahead for both companies together.\u201d<\/p>\n

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