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New Deal


Announced

DS Smith acquired 80% interest in Indevco Management

Financials

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Transaction Value£572m
Consideration Type-
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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corrugated packaging products

Containers and Packaging

United States

Private

Acquisition

Single Bidder

Pending

Friendly

Synopsis

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DS Smith Plc announced that it, along with its wholly-owned U.S. subsidiary, DS Smith Holdings Inc., has entered into a conditional agreement to acquire 80% of the total issued share capital of Indevco Management Resources, Inc., the holding company for the Interstate Resources, Inc. group, from Merpas Co. S.à r.l. for consideration of $920m.

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