# DS Smith agrees to acquire Spain's Europac in £1.45bn deal

DS Smith has announced its acquisition of Spanish-listed integrated packaging company Europac in a £1.45 billion deal, which it plans to finance by raising £1 billion in new shares plus a new debt facility. The deal is friendly but subject to CNMV approval.

- Type: Acquisition
- Announced: 2018-06-04
- Where: Spain
- Value: $1.93B (1.45B GBP)
- Status: announced
- Products: corrugated packaging, integrated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [DS Smith](https://endata.com/companies/221.md) (acquirer)
- [Europac](https://endata.com/companies/1209.md) (target)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/ds-smith-acquires-europac-1-45bn-deal-04-06-2018), 2018-06-04: "DS Smith has announced its acquisition of leading European integrated packaging company Europac."

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