Constantia Flexibles excels in the first half year. Binding acquisition offers received.
Vienna, July 27, 2023
Constantia Flexibles, a leading global packaging solutions provider, has delivered strong results in the first half of 2023. The company's strong performance over the last years has garnered significant interest.
On July 25, 2023, Wendel, one of Europe’s leading listed investment firms, received several binding offers to acquire Constantia Flexibles. Constantia Flexibles will no longer be included in the consolidated sales of its controlling shareholder, Wendel.
The strong performance in the first half of 2023 and the interest from potential acquirers highlight the company's competitive position and growth potential in the packaging industry.
Constantia Flexibles is the world’s third-largest producer of flexible packaging. Based on the guiding principle of ‘People, Passion, Packaging’, some 7,650 employees manufacture tailor-made packaging solutions at 30 sites in 16 countries. Many international companies and local market leaders from the consumer and pharma industries choose the sustainable and innovative products of Constantia Flexibles. Sustainability is a top priority in product development at Constantia Flexibles: the company was rated Level A- by Climate Change Leadership (CDP) and Gold by EcoVadis in 2022. www.cflex.com
