Industry News, Mergers and Acquisitions, Printers News

Constantia Flexibles Strengthens Its Position in Russia

Acquires a majority stake in TT-print, whose focus is on packaging solutions for the pharma industry.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Constantia Flexibles, the world’s third-largest flexible packaging producer, signed binding agreements to acquire a majority stake in TT-print on Dec. 21, after more than a decade of successful cooperation between the two companies. At the production site in Voskresensk, Russia, packaging for the pharma and food industry is produced. The acquisition is expected to be closed in the first quarter of 2019.   TT-print was established in 1999 and has approximately 100 employees. The production focus ...

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