diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6d025f1aa9..024e06c73b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,12 @@
 
 ## v0.X Series
 
+### v0.11.32 (2022-07-15)
+
+Fixes:
+* Fixed `ImportError`s during package installation with recent setuptools
+  by @dweindl in https://github.com/AMICI-dev/AMICI/pull/1830
+
 ### v0.11.31 (2022-07-12)
 
 Fixes:
diff --git a/python/amici/__init__.py b/python/amici/__init__.py
index 97de3323b7..a57e36c3de 100644
--- a/python/amici/__init__.py
+++ b/python/amici/__init__.py
@@ -63,6 +63,7 @@ def _imported_from_setup() -> bool:
     """Check whether this module is imported from `setup.py`"""
 
     from inspect import getouterframes, currentframe
+    from os import sep
 
     # in case we are imported from setup.py, this will be the AMICI package
     # root directory (otherwise it is most likely the Python library directory,
@@ -75,7 +76,9 @@ def _imported_from_setup() -> bool:
         # requires the AMICI extension during its installation, but seems
         # unlikely...
         frame_path = os.path.realpath(os.path.expanduser(frame.filename))
-        if frame_path == os.path.join(package_root, 'setup.py'):
+        if (frame_path == os.path.join(package_root, 'setup.py')
+                or frame_path.endswith(f"{sep}setuptools{sep}build_meta.py")
+        ):
             return True
 
     return False
diff --git a/python/amici/__init__.template.py b/python/amici/__init__.template.py
index f8600d8fb6..9fbab85003 100644
--- a/python/amici/__init__.template.py
+++ b/python/amici/__init__.template.py
@@ -1,12 +1,14 @@
 """AMICI-generated module for model TPL_MODELNAME"""
 
 import amici
+from pathlib import Path
 
 # Ensure we are binary-compatible, see #556
 if 'TPL_AMICI_VERSION' != amici.__version__:
     raise amici.AmiciVersionError(
-        'Cannot use model `TPL_MODELNAME`, generated with amici=='
-        f'TPL_AMICI_VERSION, together with amici=={amici.__version__} '
+        f'Cannot use model `TPL_MODELNAME` in {Path(__file__).parent}, '
+        'generated with amici==TPL_AMICI_VERSION, '
+        f'together with amici=={amici.__version__} '
         'which is currently installed. To use this model, install '
         'amici==TPL_AMICI_VERSION or re-import the model with the amici '
         'version currently installed.'
diff --git a/version.txt b/version.txt
index 487397bd7b..71c89d3a0d 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-0.11.31
+0.11.32