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DS Smith Sale of Demes Logistics

6th Jan 2010 10:33

RNS Number : 1071F
Smith (DS) PLC
06 January 2010
 



6 January 2010

DS Smith Sells the Business and Assets of Demes Logistics

DS Smith Plc (SMDS), the international packaging manufacturer and office products wholesaler, has completed the sale of the business and assets of Demes Logistics to Cartonplast Holding, the international transport packaging group. Demes had gross assets of €11.2m as at 31 October 2009.

Demes had become a non-core business within the Group's Plastic Packaging segment.

Enquiries

 

DS Smith Plc 01628 583 400

Steve Dryden, Group Finance Director

Liz Christie, Group Investor Relations Manager

Financial Dynamics 020 7831 3113

Andrew Dowler

This information is provided by RNS
The company news service from the London Stock Exchange
 
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