DS Smith Plc announced the proposed acquisition of Deku-Pack in Denmark. The acquisition is subject to competition clearance, which the company expects during calendar 3Q 2016 with completion shortly thereafter.

Packaging

DS Smith announced proposed acquisition of Deku-Pack in Denmark

DS Smith Plc announced the proposed acquisition of Deku-Pack in Denmark. Deku-Pack is a specialist in Point of Sale and display products and services for in-store marketing, located in Denmark and employs c.80 people.

The acquisition is subject to competition clearance, which the company expects during calendar 3Q 2016 with completion shortly thereafter.

Miles Roberts, CEO of DS Smith commented: “We are delighted to announce the acquisition of Deku-Pack and look to forward 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 Plc is a leading provider of recycled corrugated packaging in Europe.