B&C Group, a long-term investment company, completed the acquisition of an 80% stake in Schur Flexibles, a manufacturer of flexible packaging for the food, tobacco and pharmaceutical industries, from Lindsay Goldberg, a private equity firm. Financial terms were not disclosed. “Again with Schur Flexibles, B&C’s goal as the new majority owner is to keep the packaging specialist's headquarters in Austria and to support its expansion, particularly in the field of research and development, in order to further accelerate the international growth of the now majority Austrian-owned Schur Flexibles Group. Schur Flexibles’ track record is impressive, and our goal is to continue to support the group in our role as majority shareholder as it pursues this path," Herbert Ortner, B&C Member of Private Foundation Board.