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Wendel €2.3 billion acquisition of Constantia Flexibles

26/3/2015
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€ 2.3 billion

$ 2.8 billion

Completed

26/3/2015

Overview:

  • Wendel has acquired a majority stake in Constantia Flexibles from One Equity Partners in a deal that valued Constantia Flexibles at €2.3 billion.
  • Headquartered in Vienna, Constantia Flexibles is an international packaging group that produces flexible packaging and labeling.
  • JPMorgan and UniCredit provided a €1.3 billion facility to Wendel to partly fund the acquisition. 
  • One Equity Partners acquired Constantia Flexibles in 2009.

Wai Yee Tsang - Journalist

Jurisdictions:

Malaysia
Luxembourg
Austria
Czech Republic
Poland
Russia
Türkiye

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Industrials and manufacturing

Firms:
Arendt & Medernach

Party: Wendel (Acquirer)

Lawyers: François Deprez, Pierre Beissel

Barnert Egermann Illigasch

Party: Constantia Flexibles (Target)

Binder Grösswang

Party: Wendel (Acquirer)

Lawyers: Michael Kutschera, Thomas Schirmer

Domański Zakrzewski Palinka

Party: JP Morgan (Mandated lead arranger)

Party: Unicredit Bank (Mandated lead arranger)

Lawyer: Magdalena Skowrońska

Freshfields Bruckhaus Deringer

Party: One Equity Partners Europe (Seller)

Lawyers: Arend von Riegen, Heiner Braun, Stefan Köck (retired), Thomas Zottl

Milbank

Party: Unicredit Bank (Mandated lead arranger)

Party: JPMorgan (Mandated lead arranger)

Lawyer: Suhrud Mehta

Willkie Farr & Gallagher

Party: Wendel (Acquirer)

Lawyer: Daniel Hurstel

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