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Constantia Flexibles has received approximately €830 million in cash and 16.6% shareholding of Multi-Color.
November 2, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Constantia Flexibles has successfully completed the sale of its Labels division to Multi-Color Corporation for an enterprise value of approximately €1.15 billion ($1.3 billion). All required regulatory authorities have cleared the transaction. Constantia Flexibles has received approximately €830 million in cash and will continue to participate in the future success story of Multi-Color through a 16.6% shareholding. The transaction brings together the Food and Beverage business of Constantia ...
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