DS Smith has now completed the acquisition of Serbia-based packaging company Bosis doo.
First reported last year, the acquisition is set to bolster DS Smith’s presence in Eastern Europe, particularly in the fast-moving consumer goods (FMCG) sector.
Founded in 1982, Bosis doo is a family-owned enterprise, located approximately 100km south of Belgrade. The company’s workforce of 140 employees operates from one site in Valjevo.
The addition of Bosis doo will complement DS Smith’s regional strategy, focusing on sustainable performance packaging and seeking further growth opportunities in Eastern Europe.