Announced
Completed
Financials
Sources
Tags
packaging
Friendly
Turkey
Private
Majority
Single Bidder
Acquisition
Containers and Packaging
Cross Border
Completed
Synopsis
DS Smith, a British multinational packaging business, completed the acquisition of a packaging business of Dasa Milas, a producer of specialist corrugated packaging and displays in Turkey. Financial terms were not disclosed. “We are pleased to welcome the Milas business into the DS Smith Group and look forward to working with its stakeholders. This acquisition gives DS Smith direct exposure to the attractive Turkish market through a well-invested business focused on FMCG customers and is a further step in complementing our South Eastern European footprint and capabilities for pan-European customers,” Miles Roberts, DS Smith Chief Executive.
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