Amcor sells Tobepal units to Constantia Flexibles


Packaging group Amcor has agreed to sell its Spanish Tobepal flexible packaging operations to Austrian headquartered Constantia Flexibles, part of Constantia Packaging.

The Austrian company has agreed to pay €92m for the Tobepal business, which is expected to generate sales of around €103m for the period 2009/10 and an EBIT result of around €11m.

Tobepal has manufacturing operations at Burgos and Logrono in Northern Spain, and is a supplier of flexible packaging to the pharma,...
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