Acquisition of Creo
DS Smith adds Creo to its growing corrugated packaging business in Europe.
DS Smith Plc, the leading provider of recycled corrugated packaging in Europe, has acquired Creo.
Creo is a specialist in point-of-sale and display products and services for in-store marketing, located in the southeast of England and employs 285 people.
The business is focused on FMCG (fast-moving consumer goods), retail and media markets and significantly builds on DS Smith’s capability within the U.K. market.
DS Smith chief executive officer Miles Roberts says: “We are delighted to welcome Creo into the DS Smith Group and look forward to building on our joint expertise in this area. This investment in display further enhances our leading customer offering in this important and growing market segment.”
Founded in 1940, DS Smith had 2015 revenues of approximately Cdn $6.7 billion.
More information on DS Smith can be found at www.dssmith.com.