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Aluflexpack AG to Delist Shares Following Constantia Takeover

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Aluflexpack AG to Delist Shares Following Constantia Takeover

An announcement from Aluflexpack AG ( (CH:AFP) ) is now available.

Aluflexpack AG has received approval for the delisting of its shares from the SIX Swiss Exchange following a takeover by Constantia Flexibles GmbH. The delisting process includes exemptions from certain regulatory obligations until July 31, 2025, or until the completion of legal proceedings regarding the invalidity of shares held by the public. This strategic move marks a significant transition for Aluflexpack, potentially impacting its market operations and stakeholder engagements as it aligns under Constantia’s ownership.

More about Aluflexpack AG

Aluflexpack AG manufactures flexible packaging solutions for various end markets including coffee & tea, pharmaceuticals, pet food, confectionery, and dairy products. The company is headquartered in Reinach, Switzerland, and operates production sites in multiple countries including Switzerland, France, Poland, Turkey, Croatia, the USA, and Tunisia. As of December 31, 2024, Aluflexpack employed 1,674 people.

YTD Price Performance: 7.24%

Average Trading Volume: 7,095

Current Market Cap: CHF269M

Learn more about AFP stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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