Constantia Flexibles, the third largest producer of flexible packaging worldwide, has announced the successful completion of its acquisition of Drukpol Flexo, a well-known packaging company based in Poland.
Drukpol Flexo, known for its printing and converting capabilities, has built a strong reputation for delivering high-quality packaging solutions in the food and HPC markets for local and international customers.
The acquisition of the company by Constantia Flexibles strengthens both companies’ global reach and more sustainable product portfolio by investing in the growth of the European flexo printing platform.
“With the completion of this acquisition, we are excited to welcome Drukpol Flexo into the Constantia Flexibles family,” said Pim Vervaat, CEO of Constantia Flexibles. “The addition of Drukpol Flexo’s expertise and advanced technologies further strengthens our position as a global leader in flexible packaging. We are confident that this strategic move will enable us to better serve our customers with a wider range of innovative and sustainable packaging solutions.”
The acquisition comes close on the heels of the Constantia announced the completion of its acquisition of Lászlópack Kft., a Hungarian flexible packaging producer specializing in flexo printing. Lászlópack is a local leader in its domestic flexible packaging market and has shown a strong track record of growth.
In anther major venture involving the company in India, Constantia, Premji Invest, and Amit Banga, managing director of SB Packagings, finalized the joint venture to create one of the largest sustainable packaging platforms in India and South Asia, following the regulatory approval from the Competition Commission of India (CCI), as Packaging South Asia had earlier reported.
The proposal entails the acquisition of the entire shareholding of C-Flex India Entities, including Creative Polypack, Aparna Paper, Vibgyor, and Parikh Flexibles, media reports said.