Completion of disposal
DS Smith Plc - Completion of the sale of two packaging businesses to meet European Commission commitment
1 July 2019
Further to the announcement on 17 April 2019, DS Smith Plc is pleased to announce that, following the fulfilment of all closing conditions, it completed on 28 June 2019 the sale of two packaging businesses in North Western France and
Miles Roberts, Group Chief Executive, said "We are delighted to have completed this transaction, which ensures that the business and colleagues have found a good home at an attractive price for the business. The integration of Europac is progressing well and we are very pleased with the quality of our customer offering in the region."
DS Smith Plc +44 (0)20 7756 1800
Hugo Fisher, Group Communications Director
Rachel Stevens, Investor Relations Director
Greg Dawson, Group Corporate Affairs Director
Brunswick +44 (0)20 7404 5959
This announcement contains certain forward-looking statements with respect to the operations, performance and financial condition of the Group. By their nature, these statements involve uncertainty since future events and circumstances can cause results and developments to differ materially from those anticipated. The forward-looking statements reflect knowledge and information available at the date of preparation of this announcement and DS Smith plc undertakes no obligation to update these forward-looking statements. Nothing in this trading statement should be construed as a profit forecast.
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