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Constantia secures EU approval for Aluflexpack deal with asset sale promise

( January 29, 2025, 16:40 GMT | Official Statement) -- MLex Summary: Austrian packaging producer Constantia has secured EU approval to take over Swiss rival Aluflexpack. The approval is conditional on the parties divesting all overlapping activities in the European Economic Area, with Aluflexpack's "wet pet and human food sterilizable business" in the region, including a plant in Croatia, to be sold. The European Commission flagged Czech company MTX Group as the likely buyer.The press release follows. ...

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