CMS has advised Constantia Flexibles on its acquisition of Russian TT-print. FCG-Partners reportedly advised the sellers on the deal.
Founded in 2004, Constantia Flexibles is a global manufacturer of flexible packaging. The company is headquartered in Vienna and operates in approximately 32 production sites in 18 countries, predominantly in Europe, North America, and Asia.
According to CMS, with this acquisition, the Austrian Constantia Flexibles Group will serve the growing Russian packaging market. More than 100 employees work in the plant in the Russian city of Voskresensk, which will now operate under the name Constantia TT, and which supplies customers in Russia, Kazakhstan, and Uzbekistan. It mainly produces products for the pharmaceutical, food, and dairy industries.
The CMS team was led by Vienna Partner Johannes Trenkwalder, supported by Vienna Associates Marie-Christine Lidl and Marco Selenic and Moscow Partners Thomas Heidemann and Maxim Boulba and Associate Nikolai Molostov in Moscow.