Constantia Flexibles Acquires Lászlópack
Industry Events
Constantia Flexibles, a manufacturer in the flex- ible packaging industry, has acquired Lászlópack Kft., a Hungarian flexible packaging producer spe- cializing in flexo printing. The move allows Con- stantia to further extend its European flexo printing platform. “We are growing with Lászlópack,” said Pim Ver- vaat, CEO of Constantia Flexibles. “We share a common vision to serve our customers with more eco-friendly, innovative packaging solutions. This acquisition further seizes new growth opportuni- ties for Lászlópack to grow outside of Hungary as well as for us to support their customers with our more sustainable product offerings.” Established in 1998, Lászlópack is a local cham- pion in its domestic flexible packaging market and has reportedly shown a strong track record of growth. Over the recent years, Constantia Flexi- bles was able to expand its European flexo printing platform through the international acquisitions of Propak in Turkey, FFP Packaging Solutions in Great Britain, Drukpol in Poland, and now Lászlópack in Hungary. “Our partnership with Constantia Flexibles marks a significant milestone in our growth journey,” said Szabolcs László, CEO of Lászlópack. “It’s a strategic collaboration rooted in our mutual dedication to offering the finest flexible packaging solutions. We can now serve more customers around the world and make a significant impact in developing more eco-friendly packaging options. Customers will benefit from an expanded portfolio of products and services fueled by the cooperation with Constantia Flexibles.” Export Countries Lászlópack Kft. operates a plant in Komarom, about 100km northwest of Budapest. Around 87 employees mainly serve food applications to the lo- cal market and selected export countries. The financial terms of the deal have not been dis- closed. Constantia Flexibles is reportedly the world’s third-largest producer of flexible packaging. Based on the guiding principle of ‘People, Passion, Pack- aging’, some 8,700 employees manufacture packag- ing solutions at 37 sites in 17 countries. Sustainability is a priority in product development at Constantia Flexibles: the company was rated Level A- by Climate Change Leadership (CDP) and Gold by EcoVadis in 2022.
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