The European Commission has approved the acquisition of Aluflexpack AG by Constantia Flexibles GmbH, subject to the companies divesting certain assets. The divestiture involves Aluflexpack’s entire sterilisable business for wet pet and human food in the European Economic Area, as well as its Omiš, Croatia production facility. This divestiture was found to mitigate potential competition concerns and ensure a viable competitor will emerge. Constantia and Aluflexpack are leading suppliers of sterilizable aluminium containers, a key component for achieving the European Union’s sustainability goals. The acquisition has received positive feedback from a market test, and the Commission’s approval is contingent on the parties complying with their commitments.
The European Commission has approved Constantia’s acquisition of Aluflexpack, pending certain conditions, in a move that supports the development of a more circular economy.
