# Mondi plans to buy DS Smith

Mondi intends to buy DS Smith, according to a Pack aktuell news roundup. The headline gives no date, so the article date is used.

- Type: Acquisition
- Announced: 2024-01-01
- Value: $12.7B (10.0B GBP)
- Status: announced
- Products: containerboard, corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [DS Smith](https://endata.com/companies/221.md) (target)
- [Mondi Group](https://endata.com/companies/896.md) (acquirer)
- [Mondi Group](https://endata.com/companies/896.md) (investor)

## Sources

- [doi.org](https://doi.org/10.51202/1664-6533-2024-3-043), 2024-01-01: "Mondi will DS Smith kaufen"
- [packagingdive.com](https://www.packagingdive.com/news/ds-smith-mondi-potential-takeover/706942/), 2024-02-08: "The Board of DS Smith understands that Mondi is considering a possible offer for DS Smith although no proposal has been received at this stage"
- [packaginginsights.com](https://www.packaginginsights.com/news/mondi-confirms-possible-%E2%82%AC117b-merger-with-ds-smith-as-shares-spike.html), 2024-02-12: "Mondi has confirmed it is in the early stages of a possible merger with DS Smith, which estimates show would create a company with a combined value of €11.7 billion."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mondi-ds-smith-potential-acquisition/), 2024-02-12: "Mondi believes that a possible all-share combination with DS Smith represents an exciting opportunity to create an industry leader in European paper-based sustainable packaging solutions."

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