Packaging giants DS Smith, Essentra, Novolex and Plastipak Packaging have all made recent acquisitions: take a whirl through our gallery to find out more...
DS Smith Packaging will reap €100m of annual cost savings and €130m in cash savings expected from its integration of SCA Packaging, which it acquired last year, ahead of schedule.
A difficult paper market diluted DS Smith's half year performance, but despite this it posted strong double digit sales and profit growth in its half year results, buoyed by its acquisition of SCA Packaging in June.
Manufacturers can slash outer case packaging by as much as 25% thanks to a novel box design from DS Smith Packaging that boosts stacking strength and stability in transit.
DS Smith said it has transformed its position in the European market for recycled packaging after the takeover of a leading European packaging solutions company.
DS Smith’s €1.7bn (£1.4bn) takeover of SCA Packaging is a game changer both for the company and the European packaging sector, said an industry analyst as the fallout from this week’s deal continues to be scrutinised.
DS Smith said efforts to refocus its business towards recycled packaging and efficiency gains were major factors in the leap in profits in the first half of the year across its European operations.
DS Smith plans to become the leading supplier of recycled packaging for consumer goods in Europe, turning attention away from its paper manufacturing and office products businesses.
UK competition authorities have outlined the reasons behind their backing of DS Smith’s takeover of French company Otor which was approved earlier this month.
DS Smith said it has made a binding offer to take over French corrugated packaging company Otor for €247m (₤207m) in a bid to expand its French market share and boost its overall European position.
DS Smith has sold off its Turkish corrugated packaging operation but declared it remains committed to growing its business in the key growth region of Central and Eastern Europe (CEE).
DS Smith, the international packaging manufacturer and office
products wholesaler, has released an update prior to its year end
on 30 April 2003 results to say that it is expecting a
substantially better performance than was first...
DS Smith, the UK-based international packaging manufacturer and
office products wholesaler, has announced improved interim results
for the six months to 31 October 2002.
DS Smith, the UK-based international packaging supplier, has agreed
to acquire 100 per cent of the shares of Zewathener, the German
food packaging provider.