DS Smith says it has a clear vision of further growing the business both on a geographic scale and quality of service, according to Miles Roberts, CEO.
DS Smith has acquired Duropack Group (Duropack) recycled corrugated board packaging for approximately €300m ($339m), the transaction is expected to close in the second quarter of 2015.
DS Smith plans to make 54 redundancies across two plants in the UK as it installs a corrugator machine as part of a £100m investment programme, which will be fully operational by the end of the year.
DS Smith has issued its Q1 interim management statement for the three month period to July 31 and recently hosted a presentation for financial analysts and institutional investors in Brussels.
