One Rock Capital Partners has successfully completed the acquisition of Constantia Flexibles from Wendel. The company announced this on 4 January 2024.
Constantia Flexibles is a leading global manufacturer of flexible packaging and the preferred partner of more than 4,000 customers in the pharmaceutical, food and consumer goods sectors. Headquartered in Vienna, Austria, the company employs over 7,150 people at 28 locations in 15 countries worldwide. „We are delighted that Constantia is now officially part of the One Rock portfolio,“ says Telmo Valido, Partner at One Rock. „We look forward to bringing One Rock's industry and operational expertise to the table to support the to further support the company's ongoing growth initiatives."
„The commitment of Constantia for product innovation, sustainability and quality underpins its position as a market leader in the flexible packaging industry,“ said Kurt Beyer, Partner at One Rock. „It is with great pleasure that we look forward to working with the management team of Constantia. Together we want to Improve operational performance and the range of packaging solutions and maximise the company's potential.“
„The demand for flexible packaging is on the rise, which is why we at Constantia strives to continuously offer leading products and services to meet the growing needs of our customers. In collaboration with One Rock, we want to further expand our success in this next chapter of growth.“
Pim VervaatCEO of Constantia Flexibles
J.P. Morgan acted as lead financial advisor and Latham & Watkins LLP acted as legal advisor to One Rock on the transaction. Willkie Farr & Gallagher LLP acted as legal counsel and Evercore as financial advisor to One Rock. Constantia.
Source: Constantia Flexibles
