One Rock Completes Acquisition of Constantia Flexibles

One Rock Capital Partners, LLC (One Rock) announced that one of its subsidiaries has successfully completed the acquisition of Constantia Flexibles (Constantia), a leading global packaging manufacturer, from Wendel, a European investment company, Maxburg Capital Partners and other shareholders. Based in Vienna, Austria, Constantia is a leading flexible packaging manufacturer serving more than 4,000 customers worldwide in the pharmaceutical, food and consumer goods sectors. The company operates 28 facilities in 15 countries and employs more than 7,150 people globally. Telmo Valido, partner at One Rock, stated: "We are excited that Constantia is now formally part of the One Rock portfolio. We look forward to contributing One Rock's sector and operational expertise to further support this company's ongoing growth initiatives, which are marked by its commitment to its customers." Kurt Beyer, partner at One Rock: "Constantia's commitment to product innovation, sustainability and quality underscores its market-leading position in the flexible packaging sector. We look forward to working with the management team to develop its operational capabilities and packaging solutions portfolio to maximize Constantia's potential." Pim Vervaat, CEO of Constantia Flexibles: "Demand for flexible packaging is increasing and Constantia continues to strive to deliver leading products and services to meet our customers' growing needs. As we enter the next phase of our growth, we look forward to collaborating with One Rock to take our success even further." Source