# DS Smith invests over €50m in Portuguese packaging plants

DS Smith has invested more than €50 million in its packaging facilities in Portugal over the last three years. Investments include new fluting machines for Oporto and Leiria, and a corrugator upgrade at Lisbon.

- Type: Investment
- Announced: 2024-07-24
- Where: Portugal, Portugal
- Value: $54.0M (50.0M EUR)
- Status: completed
- Products: triple corrugated cardboard, corrugated board, padded paper envelopes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [DS Smith](https://endata.com/companies/221.md) (investor)

## Sources

- [packaginginsights.com](https://www.packaginginsights.com/news/ds-smith-makes-multi-million-investment-to-upgrade-portuguese-packaging-facilities.html), 2024-07-24: "DS Smith has invested more than €50 million (US$54 million) in its packaging facilities in Portugal throughout the last three years."

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