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One Rock Capital Partners-backed Constantia Flexibles completed the acquisition of 57% stake in Aluflexpack, from Montana Tech Components and Xoris.

Synopsis

One Rock Capital Partners-backed Constantia Flexibles, a global packaging manufacturer, completed the acquisition of 57% stake in Aluflexpack, a Switzerland-based packaging company specializing in flexible packaging solutions, from Montana Tech Components, an industrial group specializing in advanced technologies, and Xoris, an investment company. Financial terms were not disclosed. "We are delighted to welcome Aluflexpack to the Constantia Flexibles Group. e 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. We look forward to joining forces with the Aluflexpack team to complete the integration of the businesses and embark upon our joint growth trajectory," David Spratt, Constantia CEO.

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