Constantia Packaging Starting the Sale of Duropack

IndustrialsIndustrial Goods ♦ Published: June 15, 2011; 22:18 ♦ (Vindobona)

The industrial holding will sell the board manufacturer Duropack for an estimated price of € 550 to 650m. The plan is received with great interest by Austrian and international groups.

Constantia Packaging Starting the Sale of Duropack / Picture: © Vindobona.org

The Constantia Packaging group, which is owned by JP Morgan´s investment fund One Equity Partners, is preparing the disposal of another one of its previously three business segments. After the IPO of Amag in April, the group will start the sales process of Duropack at the end of July. “There is great interest in an acquisition. Most well-known names from the packaging industry want…