Constantia Flexibles GmbH signed an agreement to acquire Propak Ambalaj Üretim ve Pazarlama A.S. from Polinas Plastik Sanayi ve Ticaret A.S., Gozde Girisim Sermayesi Yatirim Ortakligi A.S. (IBSE:GOZDE), and others for €120 million on April 30, 2021. The transaction is subject to regulatory approvals. The transaction is expected to be completed during second quarter of 2021. Pragma acted as exclusive financial advisor to Gozde Girisim.