Acquisition of P&I Displays and Packaging

DS Smith Plc, the leading provider of recycled corrugated packaging in Europe, is pleased to announce the acquisition of P&I Displays and Packaging (“P&I”).

P&I is a specialist in display products and services for in-store marketing, and a market leader in Portugal, employing c. 120 people. P&I is focussed on FMCG 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.

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.

— Miles Roberts, CEO of DS Smith

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