Constantia Flexibles Group is now the third largest flexible packaging company in India after successfully completing its acquisition of a majority stake in India’s Creative Polypack Limited.
Founded in 1986, Creative Polypack Limited pulled in about €75 million in sales during the year ending March 31, 2018. The company has about 850 employees at eight production sites in Baddi, Kanpur, Kolkata, Assam and Puducherry, in northern, eastern and southern India.
Creative Polypack manufactures film-based flexible packaging for the food and home and personal care industries, as well as paper-based soap wrappers. The company serves the leading domestic and international consumer goods companies in India.
Constantia Flexibles has had a presence in India since 2013, when it acquired Parikh Packaging based in Ahmedabad. The Creative Polypack transaction was announced on March 23, 2018.