22.07.2010

Constantia Flexibles buys Spanish Tobepal from AMCOR

Constantia Flexibles Holding GmbH, a 100% subsidiary of the listed Constantia Packaging AG headquartered in Vienna buys Spanish Tobepal from AMCOR Flexibles Hispania S.L., which belongs to 100% to the Australian AMCOR Group. Tobepal with locations in Burgos and Logrono in Northern Spain has sales of approx. € 100 million and 488 employees. Business focus is in flexible packaging in the pharma, food and household goods areas. The transaction was approved by the EU commission, closing is expected within the coming months. The Constantia Packaging Group operates in the "aluminum", "corrugated board" and "flexible packaging" businesses. Approximately 7,800 employees in 19 European, Asian and American countries produce raw aluminum, semi-finished aluminum products as well as packaging solutions from aluminum, plastic and corrugated board packaging for the food, beverages, pharmaceuticals, automotive, aviation and other industries.


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