Constantia Flexibles
| Constantia Flexibles
|
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|---|---|
 |
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| legal form | GmbH |
| founding | 2004 |
| Seat | Vienna , Austria |
| management | Alexander Baumgartner, CEO |
| Number of employees | approx. 8,300 |
| Branch | Packaging industry |
| Website | www.cflex.com |
Constantia Flexibles is a manufacturer of flexible packaging and labels with headquarters in Vienna , Austria . Constantia Flexibles employs around 8,300 people at around 40 production sites in 18 countries, mainly in Europe , North America , Africa and Asia .
history
Constantia Flexibles is a group of companies whose roots lie in Constantia Teich and Haendler & Natermann .
Constantia pond
In 1912, the brothers Richard and Ernest Teich founded the Teich OHG company in Weinburg, Austria, and started rolling tin and lead foils with four employees. In 1927 the first aluminum strip rolling stands were erected; 1952/53 flexographic printing was added to the production program; 1962 the gravure printing process .
Constantia Pirk GmbH & Co. KG
One of the largest locations of Constantia Flexibles in Pirkmühle .
The company was founded in 1920 by Oskar Eduard Hueck and was then still called Aluminum Foil Rolling Mill Hueck & Cie. Between 1921 and 1929 it refined foils, for example by painting , single-color printing, embossing, wax and glue lamination. These were then delivered to dairies in the region, the chocolate industry and other food manufacturers. In 2007 the aluminum foil rolling mill Hueck & Cie. to Constantia Flexibles. In 2011 a 12-color gravure printing machine with inline lamination was put into operation, followed by a color gravure printing machine in 2012.
Haendler & Natermann
Haendler & Natermann was founded as a forwarding company in Hann. Münden , Germany founded. In 1840 the industrial production of lead sheet and lead foil took place z. B. for tea boxes or snuff boxes .
Products
The company produces flexible packaging in the form of thin and flexible plastic films, aluminum foils and paper. These are used alone or in combination in direct and non-direct primary and secondary packaging for food and non-food products, in retail , in industrial applications and in healthcare .
Corporate structure
The management of Constantia Flexibles consists of the management board and the extended management board. The Executive Board includes the Chief Executive Officer Alexander Baumgartner and the Chief Financial Officer Stephan Kühne.
Funds advised by One Equity Partners (OEP) and the H. Turnauer Foundation have reached an agreement with the Wendel Group to sell their 100% stake in Constantia Flexibles. In 2014, the Wendel offering valued Constantia Flexibles at around 2.3 billion euros (enterprise value). The Wendel Group now holds 61 percent of the shares, the Maxburg Capital Group 11 percent and the Turnauer Foundation 27 percent
In 2017, the subsidiary Constantia Labels , a manufacturer of plastic labels for bottles, among other things, with a turnover of 605 million euros (2016), employs around 2,800 people in 23 plants worldwide and is represented in 14 countries, was offered for 1.15 billion dollars sold to US competitor Multi-Color Corporation (MCC). Constantia Flexibles will receive part of the purchase price in cash and the remainder in the form of a 16.6% share, making it the largest MCC shareholder. In addition, Constantia Flexibles will have two seats on the Board of Directors of MCC.
Locations
The company headquarters of Constantia Flexibles is located in Vienna in the Rivergate building and employs around 180 people. Constantia Teich GmbH, based in Weinburg, is one of the largest production facilities of Constantia Flexibles with around 900 employees.
Web links
Individual evidence
- ↑ a b Homepage Constantia Flexibles, About Us
- ↑ Website Constantia Hueck Folien ( Memento from February 19, 2015 in the Internet Archive ), accessed on May 17, 2015 (web archive)
- ↑ Homepage Constantia Flexibles, History
- ↑ Constantia Flexibles Homepage, accessed on September 8, 2016
- ↑ Press release of December 23, 2014 ( Memento of the original of January 23, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Press release of December 24, 2014, Wendel Group
- ↑ Constantia Flexibles Group website as of March 2016
- ↑ Homepage Constantia Teich, accessed on January 23, 2015
