DS Smith to acquire SCA’s packaging operations to become Europe’s no. 2 supplier

Paper production to be highly integrated – SCA set to grow on tissue market

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SCA is to sell its packaging operations excluding two kraftliner mills to DS Smith for a consideration of €1.7bn on a debt-free basis. The transaction, which is subject to approval from DS Smith’s shareholders and EU antitrust clearance, would make DS Smith clearly the number two supplier of corrugated packaging ...

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