News within the industry of pulp and paper, Nov, 19 2017
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DS Smith to acquire Romanian paper, cardboard packaging producers

Photo: DS Smith
Photo: DS Smith
Published by
Simon Matthis - 01 Nov 2017

DS Smith has agreed to acquire two Romanian paper and cardboard packaging makers, EcoPack and EcoPaper, for a total of about €208 million.

The two companies are part of a leading integrated packaging and paper group in Romania that was previously family-owned for many years.

"The business includes both high quality packaging assets as well as a new paper machine, built in 2017, that specialises in high quali-ty, light-weight paper, which is particularly well-suited to supporting our performance packaging solutions," DS Smith said in a state-ment.

 

The deal is subject to the approval of Romania’s competition watch-dog Competition Council.

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