# DS Smith acquires Spanish packaging maker Europac

UK packaging group DS Smith acquired Europac, a Spanish corrugated cardboard packaging company headquartered in Alcobendas, Madrid, on January 22, 2019.

- Type: Acquisition
- Announced: 2019-01-22
- Where: Alcobendas, Madrid, Spain
- Value: $585.0M
- Status: completed
- Products: corrugated cardboard packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [DS Smith](https://endata.com/companies/221.md)
- [DS Smith](https://endata.com/companies/221.md) (acquirer)
- [Europac](https://endata.com/companies/1209.md) (target)
- [Olympus Partners](https://endata.com/companies/4726.md) (acquirer)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/europac), 2019-01-22: "On January 22nd, 2019, Europac was acquired by DS Smith."
- [packaginginsights.com](https://www.packaginginsights.com/news/ds-smith-sells-plastics-business-in-us585m-deal-to-focus-on-fiber-based-model.html), 2019-03-07: "British packaging group DS Smith has sold its plastics division to private equity firm Olympus Partners in a US$585 million deal, Reuters reports."

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