# DS Smith completes acquisition of Grupo Lantero's corrugated packaging business

DS Smith has completed its acquisition of the corrugated packaging business of Spain's Grupo Lantero for approximately EUR 190 million, expanding its position in the Spanish market. Grupo Lantero operates seven sites.

- Type: Acquisition
- Announced: 2023-12-06
- Where: Spain
- Value: $207.0M (190.0M EUR)
- Status: completed
- Products: corrugated packaging, corrugated boxes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [DS Smith](https://endata.com/companies/221.md) (acquirer)
- [Grupo Lantero](https://endata.com/companies/4465.md) (target)

## Sources

- [valdamarkdirect.com](https://www.valdamarkdirect.com/blogs/knowledge-base/corrugated-packaging-provider-ds-smith), 2023-12-06: "The deal has been finalised for approximately 190 million Euros, subject to closing adjustments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.