UK-based packaging firm DS Smith has completed the acquisition of Portugal based corrugated producer Gopaca for undisclosed amount.
Employing approximately 135 people, the Gopaca is engaged in production of corrugated packaging and has operations in Portugal.
DS Smith CEO Miles Roberts earlier said: "We are delighted to announce the acquisition of Gopaca and very much look forward to working with our new colleagues as we continue to enhance our geographic footprint and customer offering in Portugal."
DS Smith said that the deal strengthens its operations in Iberia, which is said to be an important and growing market for corrugated packaging. It will also further increase its Pan-European customer offering.
Miles Roberts noted: “We are delighted to complete the acquisition of Gopaca and look forward to working with our new colleagues as we continue to enhance our geographic footprint and customer offering.”
Recently, the UK-based corrugated packaging provider has launched a new consumer packaging facility in Erlensee, Germany.
Featuring latest printing and finishing technology, the new 45,000ft² facility includes production and logistics facilities, as well as conference rooms and offices.
The new facility also includes Impact and PackRight Centre, which enables customers to collaborate with DS Smith to produce effective packaging solutions.
Operating in more than 36 different countries and employing over 26,000 people, DS Smith provides corrugated packaging as well as certain types of plastic packaging.
The company offers packaging solutions through various divisions such as paper, plastics, packaging and recycling.
