One Rock Capital Partners, a private equity firm, completed the acquisition of Constantia Flexibles, a manufacturer of consumer and pharmaceutical flexible packaging, from Wendel, a family-held investment company, for €1.1bn. "In recent years under Wendel's ownership, Constantia Flexibles transformed its business performance, developed an innovative pipeline of more sustainable products and completed multiple acquisitions. With diverse geographic and end market presence, the Company is well-positioned to continue expanding its suite of packaging solutions amidst regulatory developments and a changing climate, and we look forward to partnering with One Rock during this next chapter," Pim Vervaat, Constantia CEO.