Completion of the sale of Constantia Flexibles

Published : 17.01.2024

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On January 4, 2024, Wendel finalized the sale of Constantia Flexibles, a world leader in flexible packaging, to a subsidiary of One Rock Capital Partners.

The transaction generated net proceeds of €1,121 million for Wendel, representing a multiple of 2.0x Wendel’s total investment in Constantia Flexibles since 2015. It was one of the largest transactions in the European private equity market in 2023. Constantia’s valuation was more than 10% higher than its NAV as of March 31, 2023, the most recently published NAV prior to the transaction.

For more information, please read the press release available on Wendel’s website.

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