DS Smith Acquires P&I Displays and Packaging in Portugal
(London, UK, Dec. 7, 2016) DS Smith on Dec. 2 said that it has acquired P&I Displays and Packaging (“P&I”) in Portugal. The company specializes in display products and services for in-store marketing.
Terms of the deal were not disclosed.
P&I employs about 120 people.
In a press release, DS Smith said, “P&I is focused on FMCG (fast-moving consumer goods) customers and builds on our capability within both the Iberian markets and the display sector, following our recent acquisitions of Creo in the UK, Deku-Pack in Denmark and GoPaca in Portugal.”
Miles Roberts, CEO of DS Smith, added, “We are delighted to announce the acquisition of P&I and look to forward building on our leading Pan-European offering in this important and growing market segment.”
DS Smith is a leading provider of corrugated packaging in Europe and a specialist in plastic packaging worldwide. To learn more, please visit: www.dssmith.com (Source: DS Smith Plc)