UK-based packaging major DS Smith acquires Creo Retail Marketing
(London, June 23, 2016) DS Smith on June 23 acquired Creo Retail Marketing Ltd (Creo), a specialist in point of sale and display products and services for in-store marketing. The company is located in the South East of England and employs about 285 people.
Terms of the deal were not disclosed.
DS Smith noted that Creo’s primary focus is on FMCG, retail and media markets and significantly builds on DS Smith’s capability within the UK market.
“We are delighted to welcome Creo into the DS Smith Group and look forward to building on our joint expertise in this area,” said Miles Roberts, CEO of DS Smith. “This investment in display further enhances our leading customer offering in this important and growing market segment.”
DS Smith is part of a multinational group employing over 20,000 people with revenue exceeding GBP 4 billion. It is the largest integrated paper and packaging company in the UK and the second largest packaging company in Europe. (Source: press release)
(Image: courtesy DS Smith)