One Rock Capital Partners wraps buy of Constantia Flexibles from investment firm Wendel for US$1.21 billion
January 17, 2024An affiliate of One Rock Capital Partners has completed the acquisition of Constantia Flexibles, a leading global packaging manufacturer, from Wendel, a European investment firm, Maxburg Capital Partners and other shareholders, for a reported $1.21 billion.
Constantia is a leading converter of flexible packaging and the partner of choice to more than 4,000 pharmaceutical, food and consumer-goods customers worldwide. Headquartered in Vienna, Austria, the company has about 7,150 employees globally at 28 sites in 15 countries.
“We are thrilled that Constantia is officially a part of the One Rock portfolio,” says Telmo Valido, partner at One Rock. “This is a business already distinguished by a dedicated focus on its customers, and we look forward to contributing One Rock’s industry and operational expertise to further support the Company’s ongoing growth initiatives.”
“Constantia’s commitment to product innovation, sustainability and quality underscores its position as a market leader in the flexible-packaging industry,” adds Kurt Beyer, partner at One Rock. “We look forward to working alongside Constantia’s management team to enhance its operational capabilities and suite of packaging solutions to maximize its potential.”
