A PYMNTS Company

SCA Packaging-DS Smith merger cleared, but divestments required

By  |  May 28, 2012

The European Commission has approved the proposed acquisition of SCA Packaging by DS Smith. Both DS Smith and SCA Packaging, a wholly-owned subsidiary of Svenska Cellulosa Aktiebolaget, are active in the corrugated packaging industry.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The approval is conditioned on the parties’ commitments to divest production plants in the U.K. and France. The divestments will resolve the Commission’s concerns with diminished competition for heavy duty and off-set litho laminated packaging and corrugated packaging in the U.K. and France, respectively.

    Full content: EC Press Release

     

    Related content: Exceptional Approval of Major Mergers: London and Brussels Compared (Ian Forrester, White & Case & Stefan Mahoney, European Commission)

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.