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Constantia Packaging Sells Austrian Subsidiaries

Published: January 31, 2011; 00:47 · (Vindobona)

The industrial holding owned by the US-american JP Morgan sells the board manufacturer Duropack and the aluminium company AMAG.

Constantia Packaging Sells Austrian Subsidiaries / Picture: © JP Morgan Chase

Constantia Packaging, which is owned by the JP Morgan´s investment fund One Equity Partners, intends to sell two of its three divisions.

In 2009, Duropack recorded € 262.4m in sales, EBIT accounted for € 22.7m. In the first half-year of 2010, the company reported 153.7m in sales, but only € 8.5m in EBIT. Comparing to the first half…

This article includes a total of 225 words.

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