PaperAge Magazine

DS Smith Completes Acquisition of Deku-Pack in Denmark

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Sept. 5, 2016 - DS Smith said that it has completed the acquisition of Deku-Pack, following receipt of competition authority clearance.

Terms of the deal, which was announced on July 20, were not disclosed.

Deku-Pack is a specialist in Point of Sale and display products and services for in-store marketing, located in Denmark and employs about 80 people. The business is focused on FMCG, retail and media markets and significantly builds on DS Smith's capability within the Scandinavian markets.

Miles Roberts, CEO of DS Smith, commented, “We are delighted to announce the completion of the acquisition of Deku-Pack and look forward to building on our joint expertise in this area. This investment in display further enhances our leading customer offering both geographically and in this important and growing market segment.”

DS Smith is a leading provider of corrugated packaging in Europe and a specialist in plastic packaging worldwide. To learn more, please visit: www.dssmith.com.

SOURCE: DS Smith Plc