The British packaging group DS Smith Plc has announced that it has entered into an agreement to acquire the Romanian companies EcoPack and EcoPaper, for an enterprise value of approx. € 208 m. The integrated packaging and paper group EcoPack and EcoPaper is a leading supplier in Romania; it will significantly enhance our capacity to serve customers in this high growth region as well as supporting our wider substantial Eastern European presence.

The gropup includes both high quality packaging assets as well as a new paper machine, built in 2017, that specializes in high quality, light-weight paper, which is particularly well-suited to supporting our performance packaging solutions. „We continue to grow very strongly throughout Eastern Europe. This exciting acquisition will further expand our position and capability, providing an important platform for the continued development of our innovative 'performance packaging' programme in the region," said Miles Roberts, CEO of DS Smith group.