This powershell script will make this scenario very easy. Just provide the folder where the old packages (App-V 4.5 or App-V 4.6) are kept and run the powershell script. Within some minutes, new App-V 5.1 packages will be created in the output folder.
To know more check my Blog page - http://app2pack.blogspot.com/2015/09/automate-convertion-of-old-app-v-46.html
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