Constantia Flexibles acquires Italian dairy lidding company
Constantia Flexibles Group (cflex.com) will acquire Italy’s leading dairy lidding company, TR Alucap S.r.l.
TR Alucap is located in Borgo Valsugana, near Trento, the area with the highest yoghurt production in Italy. Alucap was owned by two private equity companies and has annual sales of close to 20 million euros. It employs more than 50 employees at its plant, supplying aluminum die-cut lids and plastic films to local dairies and international food manufacturers.