# European Commission conditionally approves DS Smith's acquisition of Europac

The European Commission conditionally approved DS Smith's acquisition of Spanish packaging maker Europac on 14 November 2018, after DS Smith agreed to sell Europac's Ovar plant in Portugal and two Normandy plants.

- Type: Acquisition
- Announced: 2018-11-14
- Where: Spain
- Value: $2.20B (1.90B EUR)
- Status: announced
- Products: corrugated packaging, corrugated sheets and cases
- 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

- [agenceurope.eu](https://agenceurope.eu/en/bulletin/article/12138/18/conditional-green-light-for-ds-smiths-acquisition-of-europac), 2018-11-14: "On Wednesday 14 November the European Commission conditionally approved the acquisition of the company Europac by DS Smith."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/ds-smith-eu-approval-europac-deal/), 2018-11-15: "UK-based DS Smith has received approval from the European Commission (EC) under the EU Merger Regulation for the proposed acquisition of Spanish firm Europac for an implied enterprise value of €1.904bn ($2.2bn)."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/page/41), 2019-01-07: "The Board of the Spanish Securities Market Commission (CNMV) has authorised DS Smith's proposed acquisition of Europac."

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