POELLATH advises Constantia Flexibles International GmbH on sale to One Rock Capital Partners, LLC
The private equity firm One Rock Capital Partners, LLC (“One Rock”) has acquired Constantia Flexibles International GmbH (“Constantia Flexibles”), a leading global packaging manufacturer in Austria. The seller was the French listed investment firm Wendel. The merger is subject to the customary regulatory approvals. The closing of the transaction is expected to occur during the second half of 2023. POELLATH provided comprehensive legal advice to the management of Constantia Flexibles in connection with the sale regarding the implementation of management participation.
Vienna-based Constantia Flexibles produces flexible packaging solutions for a diverse portfolio of well-known customers and local market leaders from the pharmaceutical, food and consumer goods industries. The company employs over 8,000 people at 30 locations in 16 countries.
One Rock is a value-oriented, operationally focused private equity firm. The company invests in medium-sized companies in the chemicals and process industries, healthcare products, food and beverage manufacturing and distribution and auto retail sectors, among others.
Wendel is one of Europe’s leading listed investment firms, operating at the crossroads of industry and finance. Wendel invests in companies in Europe and North America and often plays an active role as a controlling or significant shareholder in its portfolio companies.
POELLATH provided comprehensive legal advice to the management of Constantia Flexibles within the context of the sale regarding the implementation of a management participation program with the following Munich team:
- Dr. Benedikt Hohaus (partner, management participation/private equity)
- Silke Simmer (senior associate, management participation/private equity)
- Jan Lukas Jungclaus (associate, management participation/private equity)
- Lisa Berzl (associate, management participation/private equity)
