The transaction, which has been unanimously approved by Sealed Air’s Board of Directors, is expected to close in mid-2026, subject to the receipt of stockholder approval, regulatory clearances and the satisfaction of other customary closing conditions.
Constantia is a leading producer of flexible packaging and the partner of choice to more than 4,000 pharmaceutical, food and consumer goods customers worldwide. Headquartered in Vienna, Austria, the Company employs over 7,150 employees globally at 28 sites in 15 countries.
The transaction is subject to customary regulatory requirements and approvals. The Trioworld Group will, after the transaction is completed, own 100% of the shares.
KENT Precision Foods Group is a dry and liquid-blending packaging food company specializing in rigid and flexible packaging while providing high-quality branded and custom products for customers in the food service (domestic and international) industrial and consumer products businesses.
The partnership aims to provide consumers with more sustainable packaging options, with a focus on high-quality packaging that has a lower carbon footprint and is recyclable.
Sosnoski has a strong background in automation and packaging and will lead JLS Automation's sales operations for the Western Region of the U.S. and Canada.
