Vienna, August 11th, 2022

Constantia Flexibles has signed an agreement on Wednesday, August 10th, 2022, to acquire 100 % of FFP Packaging Solutions, a leading player for sustainable, flexible packaging in the consumer market from Northampton, UK.

Pim Vervaat, CEO of Constantia Flexibles, states, "The acquisition aligns well with our Vision 2025 growth strategy of investing in competitive businesses with potential for future growth. FFP Packaging Solutions joining the Constantia Flexibles Group will expand our overall market position. Its significant experience and credibility allow for strong relationships across the UK food industry. We will be working with the existing management team to continue driving the revolution of sustainable flexible packaging in the UK and beyond."

FFP Packaging Solutions is established as a leading innovator in flexible plastic packaging. Founded in 1967, the company has over 50 years of excellence, driving the revolution of sustainable, flexible packaging. The expert for recyclable laminates offering flow wraps, lidding films, and pre-made pouches already today generates over 80% of its Sales in sustainable packaging. "Sustainable packaging solutions are no longer a trend. They are a must-have. FFP Packaging Solutions figures already show it. And together, we are committed to a circular economy, driving the transformation with more sustainable packaging," specifies Pim Vervaat to the new edition of the Constantia Flexibles family.

FFP Packaging Solutions prevails as a long-term trusted partner for major food brands & UK retailers. With over 100 employees, the business operates from its headquarters in Northampton, UK.

"We look forward to working with our new colleagues of FFP Packaging Solutions and jointly enter the next phase of developing the business as part of the Constantia Flexibles family," Pim Vervaat delightfully adds about the great addition joining the team.

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Wendel SE published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2022 09:57:01 UTC.