DS Smith €300 million acquisition of Duropack

Overview:

• British packaging producer, DS Smith, acquired Duropack, a Central European packaging group headquartered in Vienna, for €300 million from One Equity Partners (OEP), which is a CP Group 2 BV subsidiary. 
• The deal involves seven jurisdictions: Austria, Croatia, Bosnia and Herzegovina, Bulgaria, Serbia, Slovenia and Macedonia.
• Duropack is one the leading paper and corrugated board manufacturer in Central, East and South Eastern Europe.

Wai Yee Tsang - Journalist