date:Feb 20, 2013
Austria-based Constantia Flexibles Group has signed an agreement to acquire Spear Group, a supplier of pressure sensitive labels for the beverage industry.
The move is part of the international growth strategy of Constantia to further grow and expand in the global labels market.
Spear has sales of approximately $195m with 650 employees located at four facilities in North America, one site in Europe (Wales/UK), one site in South Africa and a sales office in Singapore.
Constantia Flexibles CEO