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Sat, Apr 20, 2024 18:19
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Management Side
DS Smith completes acquisition of Bosis doo in Serbia

LONDON (News release) -- DS Smith has completed acquisition of packaging company, Bosis doo. With the acquisition of Bosis doo, DS Smith's total packaging operations in Eastern Europe will comprise 30 box plants and additional facilities, employing more than 7,000 people in the region. Situated c.100 km south of Belgrade, Serbia, the family-owned business was founded in 1982 and employs 140 employees working on a single site in Valjevo.

This strategic acquisition positions for accelerated growth, enhanced capabilities, and a strengthened ability to deliver exceptional value to customers and stakeholders in Eastern Europe. With a specific focus on fast-moving consumer goods (FMCG) customers, Bosis doo is particularly well-suited to complement DS Smith's regional strategy, which emphasizes sustainable performance packaging and targets further growth opportunities in the region.

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