DS Smith to acqure Milas Packaging

Photo: DS Smith
Photo: DS Smith

DS Smith recently announced that it will acquire the Milas packaging business of DasaMilas Ambalaj.

Milas is a leading producer of specialist corrugated packaging and displays in Turkey. The business is focused on international FMCG customers, and is well positioned for the large Istanbul market as well as European export. The business generates approximately $25m of sales and has c.240 employees at its production facility located near Istanbul.