date:Jul 03, 2012
The transaction sees the UK-based company acquire Europes second largest packaging outfit which employs around 12,000 workers.
DS Smith said closing the deal represented a significant opportunity for it to meet it key strategic goal ofbecoming the leading supplier of recycled packaging for consumer goods in Europe.
Geographical reach and cost savings
Providing access to new geographical markets and significant cost synergies are two of the major benefits highlighted by the company.
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