One Rock Capital-backed Constantia Flexibles to acquire Aluflexpack from Montana Tech Components and Xoris for $362m.

One Rock Capital-backed Constantia Flexibles, a producer of flexible packaging, agreed to acquire Aluflexpack, a packaging producer, from Montana Tech Components, an industrial group, and Xoris, an investment holding company, for $362m. "I am delighted to welcome Aluflexpack to Constantia – this acquisition fits perfectly in our Vision 2030 strategy as a strong packaging player in Europe and globally. We believe the combination of our businesses represents a great strategic and cultural fit that will allow us to better serve our customers through an enhanced sustainable product range supported by a fully integrated technology portfolio whilst extending our geographical reach," Pim Vervaat, Constantia CEO.